THE stock market returned to 8,000 territory on Monday, closing at a nine-month high on account of foreign fund inflows and last-minute buying.

The benchmark Philippine Stock Exchange index (PSEi) recovered from intra-day losses to end the day at 8,024.14, up 1.52 percent or 120.05 points. The last time the PSEi closed in the 8,000 level was on April 12 last year when it hit 8,043.07.

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