PHILIPPINE shares rebounded in early trading on Wednesday on bargain-hunting as investors snapped up equities that have reached oversold conditions.

At the noon break, the bellwether Philippine Stock Exchange index was up 91.25 points or 1.18 percent at 7,814.64. The broader All Shares had inched up 36.30 points or 0.77 percent to 4,732.26.

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