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The Philippine Stock Exchange index fell 0.28% on Friday, while the peso weakened to 63.055 per US dollar after investors took profits following a two-day rally. Market participants remained cautious ahead of third-quarter GDP data, and foreign investors were net buyers of local shares.
The peso’s daily weakening can marginally raise the local cost of imported feed ingredients, but the move was small and no new commodity supply or demand driver was reported.
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.