![030624 – peso steady stocks down](https://firstmetro.com.ph/wp-content/uploads/2024/03/030624-peso-steady-stocks-down.jpg)
- The Philippine peso was little changed and the domestic share market declined.
- USD/PHP little changed at 55.9200 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 91.49
** USD/PHP one-month implied volatility is at 4.2575%, up from 4.2175% on Tuesday
** USD/PHP 200-DMA currently around 55.996; 100-DMA 56.022; 50-DMA 55.961 - The Philippines’ 10-year bond yield rose 1.19 bps to 6.26% on Tuesday
- The PSEi Index of shares falls 0.3% to 6,885.27 on the day
** Global investors bought a net $5.52 million of Philippine stocks on Tuesday, according to exchange data