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February 1, 2021 | 9:00 pm Font Size AAA PHILIPPINE SHARES bounced back on Monday as market sentiment improved due to factory activity data and the nearing arrival of coronavirus disease 2019 (COVID-19) vaccines in the country. The Philippine Stock Exchange index (PSEi) improved 202.14 points or 3.05% to finish at 6,814.76 yesterday, while the broader all shares index rose 96.34 points or 2.4% to end at 4,103.67. AAA Southeast Equities, Inc. Research Head Christopher John Mangun said in an e-mail that the local bourse closed higher as investor sentiment got a boost from positive manufacturing data. “It was a very good day for the PSEi after it rallied more than 200 points. Aside from the technical bounce that we were already expecting, the sentiment got a boost from January manufacturing numbers,” Mr. Mangun said.

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