# Stocks rise as peso strengthens back to 62:$1

> 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.

- Date: 2026-11-05 · published 2026-11-05T21:09:37.979Z
- Category: market · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/82427-stocks-rise-as-peso-strengthens-back-to-62-1
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Read by commodity

- DXY: bearish ▼
- WTI: bearish ▼
- BRENT: bearish ▼
- USDPHP: bearish ▼

## Sources

- internationly.com: https://internationly.com/news/stocks-rise-as-peso-strengthens-back-to-62-1
- philstar.com: https://www.philstar.com/business/2026/11/06/2568141/stocks-rise-peso-strengthens-back-621

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.