MANILA, Philippines – Philippine stocks rebounded on Monday as bargain hunting and positive cues from Wall Street helped lift the market after two straight days of decline. The Philippine Stock Exchange Index (PSEi) climbed by 120.39 points, or 2.03 percent, to close at 6,041.26, snapping its losing streak as investors moved back to beaten-down shares. READ: PSEi seen trekking toward 6,200 The rebound came after the recent weakness in the local market, with traders selectively picking up stocks at lower prices. “Still, the rally could be short-lived unless the government can demonstrate progress in addressing the infrastructure corruption probe and […]... Keep on reading: PSEi climbs back to 6,000 on upbeat Wall St trades