MANILA, Philippines — Local stocks recovered on Thursday as investors bought shares after the previous day’s decline, with gains on Wall Street also lifting sentiment. The benchmark Philippine Stock Exchange Index (PSEi) climbed 0.92 percent, or 52.03 points, to close at 5,705.58.  READ: Inflation fears drag PSEi down 1.87% The broader all-shares index added 0.38 percent. Philstocks Financial Inc. attributed the rebound to bargain hunting. The brokerage said positive signals from Wall Street following the US Federal Reserve’s decision to keep its policy rate range unchanged also supported local trading. Luis Limlingan, head of sales at Regina Capital Development Corp., said the Fed’s […]...

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