Philippines shares up after six-day skid

Philippine shares settled with a modest recovery after almost extending its losing streak to its seventh day.

For the first time in seven days, the Philippine Stock Exchange index (PSEi) recovered, albeit slightly, by 0.35 percent, or 21.11 points to close at 6,025.37. But the wider all-shares index remained on the red side with 0.06-percent drop, or 2.10 points to 3,679.57.