The stock market rebounded strongly on Monday, joining other Asian bourses as investors took heart from higher oil prices and positive expectations with regard to upcoming news, which for the Philippines includes the release of 2015 growth data later this week.

The benchmark Philippine Stock Exchange Index (PSEi) jumped by 3.64 percent or 226.03 points to close at 6,434.08, while the wider All Shares index gained 2.82 percent or 100.88 points to end the day at 3,678.80.

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