Stocks bounce on global gains

Share prices bounced back on Tuesday after a two-day decline as investors took cues from upbeat trade in the US and regional markets.Only Philippine Long Distance Telephone Company (PLDT) and Metropolitan Bank and Trust Company (Metrobank) were losers among Tuesday’s active stocks, while Ayala Corp., Aboitiz Power Corp., BDO Unibank Inc., Universal Robina Corp., Ayala Land Inc., Energy Development Corp., SM Investments Corp. and Semirara Mining and Power Corp. all posted gains.