The local bourse snapped its six-day losing streak, as bargain hunting pushed the index marginally higher on Monday.

The bellwether Philippine Stock Exchange index (PSEi) climbed 0.36 percent or 25.67 points to its intraday high of 7,071.50, while the broader All Shares inched up 0.21 or 8.96 points to close at 4,250.65.

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