PSEi ends week higher on bargain hunting

Share prices on the Philippine Stock Exchange ended the week on a positive note Friday as investors' hunt for cheaper stocks pulled the market up towards the trading's close.

The bellwether PSEi gained 4.66 points or 0.09% to 5,346.97 at the closing bell.

The broader All Shares increased by 21.18 points or 0.65% to 3,259.66.

Last minute bargain hunting lifted the local bourse, according to Philstocks Financial.

Industrials led gainers climbing 1.68%, while Properties were at the tail end shedding 1.39%.

More than 293.296 million shares valued at P4.032 billion, changed hands.

Advancers led decliners, 98 to 74, and 39 issues were unchanged.