Philippines Suspends Stock Market Trade Over Coronavirus Fears

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Philippines Suspends Stock Market Trade Over Coronavirus Fears.

Vehicles pile up at the boundary of Manila and the North Luzon Expressway Mindanao Avenue exit during rush hour in Manila on March 16, 2020, with temperature and identification checkpoints as part of measures to reduce the spread of the COVID-19 pandemic. – The virus has upended society around the planet, with governments imposing restrictions rarely seen outside war-time, including the closing of borders, home quarantine orders and the scrapping of public events. Maria TAN / AFP.

Philippine Stock Exchange President Ramon Monzon told traders in a memo that trading is suspended starting Tuesday “until further notice” to move in step with Duterte’s order. Confirmed cases in the Philippines have jumped to 142, with 12 deaths and the government has unveiled a 27.1 billion peso package to fund hospitals fighting the virus and provide reprieve amid a slowdown in economic activity.The benchmark PSE index plunged 7.9 percent during shortened trading on Monday as investors reeled from the virus’ economic impact.

 

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You want to kill people with hungry in that country in the name of keep life safe,here in Nigeria they don't oven know what is corona virus because god is a great god in our lifes

The world is gradually getting to a point of standstill

Hmm, this is serious

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Philippines suspends stock market trade over Coronavirus fearsThat's more of fear heightening
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