Bargain-hunting, peso boost PSEi

THE stock market recovered on Tuesday as investors hunted for bargain issues while cheering a peso recovery.

The bellwether Philippine Stock Exchange index (PSEi) grew by 0.87 percent or 60.51 points to close at 6,987.02 while the broader All Shares gained 0.31 percent or 13.13 points to finish at 4,289.71.