Bargain hunting lifts share pricesThe benchmark Philippine Stock Exchange index (PSEi) climbed by 1.15 percent or 72.69 points to end yesterday’s session at 6,380.53. MANILA, Philippines — The local stock market bounced back strongly as investors took advantage of bargain stocks. The benchmark Philippine Stock Exchange index (PSEi) climbed by 1.15 percent or 72.69 points to end yesterday’s session at 6,380.53. “The PSEi rebounded, recovering part of the prior session’s two percent loss as bargain hunting emerged,” AB Capital Securities said. Luis Limlingan of Regina Capital said the PSEi rebounded after Wednesday’s sharp sell off as investor sentiment improved on hopes of possible talks between Iran and the US, reducing some of the geopolitical concerns.

Source: Philippine Star March 05, 2026 16:34 UTC