PH stock market shutting down by March 17 until further notice | Inquirer Business

PH stock market shutting down by March 17 until further notice

PSEi seen testing 7,800 level

PSE trading floor in BGC

The Philippine Stock Exchange is shutting down trading starting Tuesday, March 17, until further notice.

This is in line with Pres. Rodrigo Duterte’s order widening the ongoing “community quarantine” to the entire Luzon island and not just Metro Manila. The lockdown is intended to contain the coronavirus (COVID-19) pandemic.

The PSE’s decision to shut down the stock market is to “ensure the safety of employees and traders in light of the escalating cases of the coronavirus disease (COVID-19), PSE president Ramon Monzon said.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

For more news about the novel coronavirus click here.
What you need to know about Coronavirus.
For more information on COVID-19, call the DOH Hotline: (02) 86517800 local 1149/1150.

The Inquirer Foundation supports our healthcare frontliners and is still accepting cash donations to be deposited at Banco de Oro (BDO) current account #007960018860 or donate through PayMaya using this link.

TAGS: COVID-19, Philippine Stock Exchange, PSE, Ramon Monzon

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.