# Stock Market Weekly: Some uplift with lower oil prices and a stronger peso

> The Philippine PSEi rose 1.44% over the week as lower oil prices and a stronger peso supported sentiment, despite weak manufacturing data and inflation that exceeded expectations. Brent fell to $94.62 per barrel and WTI to $88.12, while the peso strengthened to an intraday high of 62.90 per dollar; the market later lost some momentum amid a US technology-stock selloff.

- Date: 2026-11-09 · published 2026-11-09T15:13:11.530Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/89725-stock-market-weekly-some-uplift-with-lower-oil-prices-and-a-stronger-peso
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

Lower oil prices can reduce fuel, transport, and input costs, while a stronger peso lowers the local cost of imported feed ingredients. The reported energy and currency moves are supportive of lower import costs for Philippine buyers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-02-02 | [Oil prices fall as US stock market slumps and dollar strengthens](https://feedsoft.ai/events/66659-oil-prices-fall-as-us-stock-market-slumps-and-dollar-strengthens.md) | -6.3% | -5.6% |
| BRENT | 2018-12-20 | [Oil plunges nearly 5 percent to 17-month low as stock market slumps](https://feedsoft.ai/events/8704-oil-plunges-nearly-5-percent-to-17-month-low-as-stock-market-slumps.md) | -8.1% | +10.6% |
| BRENT | 2024-10-16 | [Oil prices hold at 2-week low on lower oil demand growth forecasts](https://feedsoft.ai/events/28030-oil-prices-hold-at-2-week-low-on-lower-oil-demand-growth-forecasts.md) | +2.5% | -2.4% |
| BRENT | 2020-02-28 | [U.S. oil futures suffer largest weekly percentage loss in over a decade - MarketWatch](https://feedsoft.ai/events/7113-u-s-oil-futures-suffer-largest-weekly-percentage-loss-in-over-a-decade.md) | -3.0% | -52.3% |
| BRENT | 2026-05-29 | [BRL Strengthens Slightly on Strong GDP and Easing Oil Prices](https://feedsoft.ai/events/19461-brl-strengthens-slightly-on-strong-gdp-and-easing-oil-prices.md) | +2.5% | -21.2% |
| WTI | 2018-02-02 | [Oil prices fall as US stock market slumps and dollar strengthens](https://feedsoft.ai/events/66659-oil-prices-fall-as-us-stock-market-slumps-and-dollar-strengthens.md) | -7.0% | -7.1% |
| WTI | 2016-12-23 | [C$ hits a 5-week low on soft data, lower oil prices](https://feedsoft.ai/events/73697-c-hits-a-5-week-low-on-soft-data-lower-oil-prices.md) | +2.8% | +0.7% |
| WTI | 2018-12-20 | [Oil plunges nearly 5 percent to 17-month low as stock market slumps](https://feedsoft.ai/events/8704-oil-plunges-nearly-5-percent-to-17-month-low-as-stock-market-slumps.md) | -6.7% | +12.5% |

## Sources

- wealthinsights.metrobank.com.ph: https://wealthinsights.metrobank.com.ph/analysis/philippine-stock-market-outlook-for-november-9-2026

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