PSEi rallies on trade talk news

THE stock market climbed back to the 7,900 level on Friday, joining a regional rally as investors cheered reported progress in US-China trade talks.

The benchmark Philippine Stock Exchange index (PSEi) rose by 0.56 percent or 44.53 points to close at 7,920.93 while the broader All Shares grew 0.43 percent or 20.73 points to end at 4,864.17.