PSEi rebounds on news of fresh US-China talks

THE stock market snapped a six-day losing streak on Thursday, joining a regional rally spurred by news that the US had offered fresh trade talks to China.

The bellwether Philippine Stock Exchange index (PSEi) grew 0.92 percent or 68.17 points to close at 7,517.37 while the broader All Shares rose 0.55 percent or 25.15 points to finish at 4,602.31.