THE stock market rallied to the 7,800 level anew in early trading on Wednesday as market sentiment was said to be buoyed by an extended trade talk between the United States and China.

The Philippine Stock Exchange index (PSEi) grew by over 2 percent at intra-day trading, before paring gains to pause at noon break up by 1.99 percent or 153.10 points at 7,855.22. The broader All Shares increased by 1.49 percent or 69.05 points at 4,703.22.