The PSEi closes at 4290 which is reported to be up by 133 points as investors went on bargain hunting with lower stock price still on some. Relief rally following market’s 3 day selloff and rebound in US equities. The US Federal Reserves pledges that they would not raise and also keep interest rates low for the next two years.

According to one source, PSEi recouped 133.11 points or 3.2% to close at 4,290.14 today following big Wall Street recovery and rebound as of last night. Yesterday the PSEi closed at 174.21 points or 4% lower at 4,157.03 after what is being called the Wall Street meltdown.