Philippine stocks rebound on Moderna vaccine news

Philippine stocks rebounded on Tuesday, ending a three-day losing streak due to positive news about Moderna's COVID-19 vaccine candidate.

The PSEi index rose by 0.59%, closing at 6,959.14 points, while the broader All Shares index increased by 0.75% to end at 4,103.74 points.

All sectoral counters showed gains, with Financials leading the way at a 1.16% increase.

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