Manila, Aug. 24 -- The Philippine Stock Exchange index (PSEi) managed a late-day reversal on Monday, closing higher despite heavy investor anxiety over rising Middle East tensions, but the peso weakened against the United States (US) dollar.

The main stocks gauge rose 0.21 percent to 6,251.38 points, but the broader All Shares closed almost flat with a drop of 0.01 percent to 3,434.89 points.

Half of the sectoral indices also gained during the day, namely Mining and Oil, 3.19 percent; Services, 0.51 percent; and Holding Firms, 0.18 percent.

On the other hand, Industrial fell 0.39 percent, Financials by 0.25 percent, and Property by 0.09 percent.

Volume reached 1.25 billion shares amounting to PHP4.97 billion.

Decliners led advancers ...