![Peso set_0408](https://firstmetro.com.ph/wp-content/uploads/2024/04/Peso-set_0408.jpg)
- The Philippine peso weakened for a second day and the domestic share market was flat.
- USD/PHP rises 0.2% to 56.6200 as of 9:35 a.m. Manila time; poised for the highest close since Oct. 31; Bloomberg dollar spot index little changed; the Bloomberg Asia Dollar index little changed at 90.85
** USD/PHP one-month implied volatility is at 4.98%, up from 4.6825% on Friday
** USD/PHP 200-DMA currently around 55.993; 100-DMA 55.867; 50-DMA 56.034 - The Philippines’ 10-year bond yield rose 1.75 bps to 6.33% on Friday
- The PSEi Index of shares is little changed at 6,744.86 on the day
** Global investors sold a net $9.22 million of Philippine stocks on Friday, according to exchange data