THE stock market jumped back to the 7,900 level on Tuesday as investors cheered news of the easing inflation for April.

The bellwether Philippine Stock Exchange index (PSEi) rose by 0.62 percent or 48.33 points to close at 7,910.63 while the broader All Shares grew by 0.55 percent or 26.69 points to end at 4,886.55.

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