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PH financial markets shut down

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MANILA, Philippines–Philippine financial markets were shut down by regulators on Monday after hours of heavy rains overnight flooded many areas of the metropolis, similar to a situation that happened during this rainy season one year ago.

The Philippine Stock Exchange announced early morning on Monday that there would be no trading at its bourse as clearing and settlement at the Securities Clearing Corp. of the Philippines were likewise suspended.

As operations at government offices were suspended, clearing and settlement operations in the Philippine banking system likewise ground to a halt.

In August 7 last year, an inclement weather that flooded the metropolis halted Philippine financial markets and banking operations.


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Tags: Business , stocks

  • 33Sam

    STOCK TRADING IS A SCAM!!!

    THE NASDAQ GOT HACKED!!!

    THE GLOBALISTS WHO OWN AND CONTROL THE PLANET CONTROL WALL STREET AND ANY CLONE OF IT.

    THE MAJOR PLAYERS ALL GET INSIDER INFORMATION SECONDS BEFORE THE LESS FORTUNATE!

    FILIPINOS SIGNED ONTO THIS BECAUSE THEY LIKE FEELING TRENDY EVEN IF THEY NEVER REALIZE THEY’VE SOLD THEIR SOULS, DIVING INTO THESE PSEUDO TRAPPINGS OF WEALTH.

  • GKLer

    If only the shut down included shutting down PORK.

  • koolkid_inthehouse

    Who will invest in Gates of Hell.

    • Don Dee

      That you would choose your online name as koolkid_inthehouse speaks volumes about your level of sophistication.

      • koolkid_inthehouse

        A dumb donkey like you will simply bend over and get screwed.
        Wallow on your stinky donkey crap.



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