The Philippine Stock Exchange index (PSEi) reclaimed the 6,500 level just before the Christmas holiday season as bulls banked on a Santa Claus rally after volatility indicators showed investors were willing to take on more risk. The PSEi rose 0.49 percent, or 31.77 points, to 6,501 also as the Ayala Group's ACEN Corp. rebounded after the previous day's selloff. The broader All Shares index added 0.68 percent, or 23.04 points, to 3,427.30. "The year may, after all, not end with a whimper despite the absence of new stimuli," First Metro Investment Corp. and the University of Asia and the Pacific said in the latest issue of The Market Call. "A last-minute rush to the local equit...Keep on reading: Christmas spirit keeps PSEi hopes alive in tepid 2023