![Peso rises_0216](https://firstmetro.com.ph/wp-content/uploads/2024/02/Peso-rises_0216.jpg)
- The Philippine peso strengthened for a second day and the domestic share market advanced.
- USD/PHP falls 0.2% to 55.9200 as of 9:35 a.m. Manila time; Bloomberg dollar spot index little changed
** Most major Asian currencies up versus dollar on day; the Bloomberg Asia Dollar index little changed at 91.54
** USD/PHP one-month implied volatility is at 5.57%, down from 5.69% on Thursday
** USD/PHP 200-DMA currently around 55.968; 100-DMA 56.126; 50-DMA 55.856 - The Philippines’ 10-year bond yield rose 1.68 bps to 6.24% on Thursday
- The PSEi Index of shares rises 0.2% to 6,893.86 on the day; set for a fourth day of gains
** Global investors bought a net $11.3 million of Philippine stocks on Thursday, according to exchange data