PSEi up 2% in early trade on easing trade tensions

THE stock market was higher in early trading on Thursday with sentiment buoyed by easing trade tensions overseas coupled with increased net foreign buying and volumes.

At the noon break, the bellwether Philippine Stock Exchange index (PSEi) was up 151.84 points or 2.02 percent at 7,665.84. The broader All Shares rose 68.27 points or 1.51 percent to end at 4,603.80.