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The Philippine Stock Exchange index rose 1.46% to close at 5,778.14 as the peso gained against the dollar, closing at 62.97 per dollar from 63.535. Brent crude fell to around $95 per barrel, a two-month low, from about $103 the previous session and a recent peak of $118 on October 30.
Lower oil prices on expectations of ending the US-Iran war reduce inflation and energy cost pressure on Asian importers, supporting their currencies and equities. For feed buyers, cheaper crude weakens the energy-linked cost base for feed freight and fertilizer, though the move is driven by sentiment rather than a change in grain supply.
internationly.comThe Philippine StarNov 5, 2026
philstar.comRichmond Mercurio, Keisha Ta-AsanNov 5, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
