The stock market recovered from intra-day losses on Monday to end the day just shy of returning to the 8,500 level.

The benchmark Philippine Stock Exchange index (PSEi) rose by 0.38 percent or 32.42 points to close at 8,499.98. The broader All Shares eked out a 0.06-percent or 2.82-point gain to end at 5,066.38.

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