PHILIPPINE shares rebounded during the early trading Wednesday climbing just above the 8,000 level as the local market mimicked its regional counterparts, including the US closing up overnight.

The benchmark Philippine Stock Exchange index (PSEi) jumped 1.49 percent or 117.99 points at 8,024.59. The broader All Shares gained 1.04 percent or 49.09 points at 4,773.00.

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