After listlessly trading for most of the morning session following declines on Wall Street overnight, the local bourse gained in a late session rally on Monday, breaking a two-day losing streak.

The Philippine Stock Exchange index (PSEi) closed higher by 0.56 percent or 43.35 points at 7,773.92, while the wider All Shares index finished up 0.58 percent or 26.18 points at 4,524.79.

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