A 6.5-magnitude earthquake struck off the southern coast of the Philippines on Friday, according to the United States Geological Survey.

The tremor occurred in the same general region that was hit by a powerful 7.8-magnitude earthquake on June 8, which caused significant damage and casualties across Mindanao.

The latest seismic activity has not yet been linked to immediate market disruptions, but it underscores the ongoing geological volatility in the area.

Investors and insurers monitoring the region will be watching for updates on infrastructure damage and potential aftershocks that could impact local economic activity.

The June 8 earthquake left more than 80 people dead and caused widespread destruction to buildings and roads.

The proximity of the new tremor to the previous epicenter raises questions about the stability of the fault lines and the resilience of recovery efforts.