SHARES bounced back on Thursday as index heavyweights SM Prime Holdings, Inc. (SMPH) and Ayala Corp. (AC) recovered from heavy losses in the previous session.

The benchmark Philippine Stock Exchange index (PSEi) rose 62.50 points or 0.79% to close at 7,927.20, while broader all-shares index likewise firmed up by 28.71 points or 0.6% to end at 4,743.84.

Read more: https://www.bworldonline.com/sm-prime-ayala-help-fuel-bourses-recovery/