MANILA, Nov. 21 -- The local bourse's main index closed the week up, still on bargain-hunting, while the peso took a breather and appreciated against the US dollar.

For the third straight day, the Philippine Stock Exchange index (PSEi) rose, ending Friday at 5,997.13 points, up 1.12 percent. All Shares increased by 2.50 percent to 3,418.52 points.

Most of the sectoral gauges also rose, led by Holding Firms, which inched up 2.18 percent, followed by Property, 1.48 percent; Services, 0.65 percent; Financials, 0.46 percent; and Industrial, 0.34 percent.

Only the Mining and Oil index ended in the red, declining by 1.29 percent.

Volume reached 1.67 billion shares, amounting to PHP9.15 billion.

Advancers led decliners at 118 to 75 while 53...