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Bargain hunting snaps PSEi's 5-day drop

INVESTORS hunted for bargains on Monday and snapped the preceding five-day decline of the local bourse.

The local stock barometer Philippine Stock Exchange index (PSEi) improved by 1.93 percent, or 122.95 points, to 6,502.12, while the wider All Shares gained 1.41 percent, or 48.88 points, to finish at 3,506.28.