Philippine News Agency
PH stock market on shortened trading during MM quarantine
The Philippine Stock Exchange (PSE) will implement shortened trading hours from March 16 to April 14, 2020, in alignment with the community quarantine of Metro Manila due to the COVID-19 outbreak.
For March 16, the PSE trading will run from 9 a.m. to 1 p.m., with pre-open at 9 a.m., pre-close at 12:45 p.m., and run-off trading at 12:50 p.m.
From March 17 to April 14, the PSE trading will be from 9 a.m. to 1 p.m., with pre-open at 8:30 a.m., pre-close at 12:45 p.m., and run-off trading at 12:50 p.m.
This change is a deviation from the regular market close of 3:30 p.m.
The PSE had also urged trading participants to switch to remote or offsite trading, or limit personnel to one trader per booth if they continue trading on the floor.
As of March 16, the Philippine Stock Exchange index (PSEi) is down by 7.14 percent, or 413.43 points, to 5,380.51 points.
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