Pressured by a sluggish regional market trend, Philippine shares remained in the bear market territory despite a slight recovery on Wednesday.

The Philippine Stock Exchange index (PSEi) slightly recovered from a steep decline on Tuesday, gaining 0.04 percent, or 2.34 points to 5,888.74, while the wider all- shares index was left on the red side, losing 0.12 percent, or 4.20 points to 3,608.38.

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