PSEi climbs 2.11% on bargain hunting, lower oil prices

MANILA, Philippines — Local stocks rallied on Friday as investors hunted for bargains, with lower global bond yields and oil prices supporting sentiment. The benchmark Philippine Stock Exchange Index (PSEi) gained 119.53 points, or 2.11 percent, to close at 5,782.70. READ: Gasoline rollback, slight diesel hike seen next week Philstocks Financial Inc. said the decline in