PSEi grows on renewed US-China trade talk hopes

THE stock market recovered on Thursday as investors belatedly welcomed renewed hopes over the outcome of high-level US-China trade talks.

The benchmark Philippine Stock Exchange index (PSEi) rose by 0.90 percent or 71.01 points to close at 7,991.25. The wider All Shares grew 0.82 percent or 39.65 points to finish at 4,851.64.