![Peso falls_0520](https://firstmetro.com.ph/wp-content/uploads/2024/05/Peso-falls_0520.jpg)
- The Philippine peso weakened for a second day and the domestic share market advanced.
- USD/PHP rises 0.2% to 57.7500 as of 9:35 a.m. Manila time; Bloomberg dollar spot index little changed
** Most major Asian currencies down versus dollar on day; the Bloomberg Asia Dollar index little changed at 90.87
** USD/PHP one-month implied volatility is at 5.6125%, up from 5.39% on Friday
** USD/PHP 200-DMA currently around 56.255; 100-DMA 56.334; 50-DMA 56.712 - The Philippines’ 10-year bond yield fell 5.83 bps to 6.61% on Friday
- The PSEi Index of shares rises 0.2% to 6,631.60 on the day
** Global investors bought a net $541,200 of Philippine stocks on Friday, according to exchange data