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In this week’s UTrade Rundown, Peter Garnace, USI Research Analyst, explains which sectors historically benefit from oil price spikes, and which ones tend to feel the pressure as higher fuel costs ripple through the economy. Watch the full breakdown below. 📊

Join us for another insightful Usapang Stocks webinar as we feature one of the Philippines’ leading mining companies: APX! 📅 November 18 | 4:00 PM Don’t miss this opportunity to make smarter investment decisions—register through the link below: https://t.co/UIbBDlsrGJ

The peso weakened against the dollar after the Bangko Sentral ng pIlipinas (BSP) unexpectedly lowered borrowing costs at its policy meeting. The local unit closed at PhP 58.235 versus the greenback, dropping by 28.5 centavos from its PhP 57.95 finish on Wednesday. @UTradePH

Brent futures fell by 1.55%, to close at USD 65.22 a barrel, while U.S. West Texas Intermediate crude futures (WTI) lost by 1.66%, to settle at USD 61.51 a barrel. @UTradePH

Oil. Oil prices edged slightly lower on Thursday after Israel and the Palestinian militant group Hamas signed an agreement to cease fire in Gaza.

Nevertheless, BSP noted potential upside risks to inflation include higher electricity rates and increased tariffs on rice imports. @UTradePH

the BSP cited moderating demand and declining investor confidence amid a widening corruption scandal as factors in its decision. Meanwhile, the BSP sees inflation as benign, lowering its inflation projection for 2026 to 31% from 3.3% and for 2027 to 2.8% from 3.4%.

Wall Street indices closed lower from as the U.S. government shutdown continues on. The Dow Jones Industrial Average declined by 0.52% to close at 46,358.42, the S&P 500 slid by 0.28% to 6,735.11, and the Nasdaq Composite retreated by 0.08% to 23,024.63. @UTradePH

AREIT, Inc. (+7.249) was the top gainer while Puregold Price Club, Inc. (-6.11%) was the top loser. @UTradePH

about public infrastructure spending. Value turnover stood at PhP 6.5B with net foreign buying of PhP 112.2M. Sectors ended mixed with Mining & Oil (+2.80%) leading the gainers while Financials (-1.66%) was the worst performer.

$PSEi. The Philippine Stock Exchange Index dropped by 0.68% to 6,057.40 despite the Bangko Sentral ng Pilipinas’ (BSP) surprise 25-bp rate cut on the back of moderating demand, reflecting the impact on business confidence of governance concerns

GAINC said that it signed a share purchase agreement on Oct. 8 covering the transfer of 829.57M common shares for a total consideration of PhP 1.8B, or PhP 2.17 per share. @UTradePH

$WEB. Gregorio Araneta, Inc. (GAINC) has sold its 57% controlling stake in publicly listed PhilWeb Corp. to holding companies Nexora Holdings, Inc. and Velora Holdings, Inc.

The agreement makes DigiPlus as Bayad’s only gaming partner for OTC cash transactions. PLUS said the partnership is part of the company’s commitment to deliver engaging entertainment while ensuring safe and reliable services for its players. @UTradePH

$RLC. Robinsons Land Corp. has used PhP 3.51B from a recent block placement of shares in its real estate investment trust unit RL Commercial REIT, Inc. to fund office, residential, and hotel developments.

Here's the Traders Gameplan for today, October 10! Find out the full coverage report for MBT & PXP in your UTrade account, https://t.co/nSLkQACEXV! #TradersGameplan #InvestSmarter #InvestInU

The local unit ended at PhP 58.12 per dollar, up 7.6 centavos from its PhP 58.196 close on Tuesday. Turnover also ticked higher, with USD 1.72B changing hands versus USD 1.69B the previous day. @UTradePH

Currency. The peso bounced back on Wednesday as the US dollar lost steam on the back of Washington’s shutdown concerns. @UTradePH

Brent crude futures shed by 0.92% to USD 65.42/bbl, while US West Texas Intermediate (WTI) crude futures by 1.25% to USD 61.72/bbl. @UTradePH

Oil. Oil prices slipped for the third day in a row on Wednesday as the US government shutdown stoked fresh jitters over the global economy. At the same time, traders are bracing for more barrels to hit the market with OPEC+ set to boost output next month. @UTradePH