China data push PSEi over 8,000

THE stock market returned to the 8,000 level on Monday as China’s improved trade data amid its worsening trade war with the United States buoyed investor sentiment.

The benchmark Philippine Stock Exchange index (PSEi) grew by 0.77 percent or 61.41 points to close at 8,045.39, while the broader All Shares rose by 0.44 percent or 21.52 points to finish at 4,912.31.