Manila, March 28 -- Local shares gained on the last day of trading for the week, while the peso ended flat against the US dollar.

Both the Philippine Stock Exchange index (PSEi) and the broader All Shares rose by 0.13 percent to 6,147.44 points and 3,666.95 points, respectively.

"Investors hunted for bargains today as the market has been in the negative territory for the most part of the week," Philstocks Financial research manager Japhet Tantiangco said in a statement.

"Foreign investors also entered the market with net inflows at PHP70.34 million, helping in the climb. However, noticeably, trading was lethargic with net value turnover at PHP3.26 billion reflecting the weak confidence towards the market amid the global trade uncertain...