Last-minute buying buoys PSEi

THE stock market recovered from intra-day losses on Friday as investors were said to be heartened by reports of positive developments in US-China trade talks.

The benchmark Philippine Stock Exchange index (PSEi) traded the entire day in the red before last-minute buying pushed it up 0.39 percent or 30.83 points to a 7,962.13 close. The broader All Shares added 0.55 percent or 26.83 points to finish at 4,883.83.