PHILIPPINE SHARES rebounded on Wednesday as investors took advantage of lower prices following the market’s seven-day losing run. The Philippine Stock Exchange index (PSEi) jumped by 1.21% or 72.57 points to close at 6,026.03, while the broader all shares index rose by 0.93% or 33.83 points to end at 3,654.62. “The PSEi climbed back above the 6,000 mark, breaking its red streak as bargain hunters drove today’s trading session. “The index reclaimed the 6,000 level, with bargain hunting fueling a rebound after seven consecutive days of decline,” AP Securities, Inc. said in a note. Value turnover went down to P6.8 billion on Wednesday with 2.46 billion shares traded from Tuesday’s P9.09 billion with 1.57 billion shares changing hands.