PSEi recovers on last-minute buying

Last-minute buying lifted the stock market to recover on Monday after ending in the loss for two consecutive trading days.

The bellwether Philippine Stock Exchange index (PSEi) climbed by 1.83 percent or 142.37 points to close at 7,938.35, while the wider All Shares rose 1.18 percent or 56.07 points to finish at 4,797.21.