PSEi rises to 6,300 on bargain hunting

MANILA, Philippines — The local index edged higher on Thursday as investors took advantage of cheaper prices after the previous day’s dip, with some optimism buoyed by a potential rate cut. By the closing bell, the Philippine Stock Exchange Index (PSEi) climbed 0.45 percent, or 28.58 points, to finish at 6,320.67. The broader All Shares Index