Philippines Suspends Stock Market Trade Over Coronavirus Fears

  • 📰 channelstv
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Philippines suspends stock market trade over Coronavirus fearsThat's more of fear heightening
Source: MobilePunch - 🏆 8. / 63 Read more »