Philippines The First To Suspend Stock Market Trade Over Virus Fears



(TheStar) – The Philippines suspended trade on its local stock exchange Tuesday (March 17), becoming the first country to close its financial market over coronavirus fears.
President Rodrigo Duterte on Monday ordered most of the 55 million people on the main island of Luzon, which includes the capital Manila, to stay at home for the next month after social distancing measures failed to keep people away from one another.
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.
Monzon said the suspension was also “to ensure the safety of employees and traders in light of the escalating cases of the coronavirus disease”.
Confirmed cases in the Philippines have jumped to 142, with 12 deaths and the government has unveiled a 27.1 billion peso ($526.6 million) package to fund hospitals fighting the virus and provide reprieve amid a slowdown in economic activity.
The benchmark PSE index plunged 7.9 per cent during shortened trading on Monday as investors reeled from the virus’ economic impact.
The suspension order came as stock markets and oil prices went into freefall after central banks’ fresh stimulus measures failed to dampen fears of the global pandemic.
Shares in Tokyo’s Nikkei 225 index dropped by as much as 3.66 per cent at Tuesday’s open before recovering about 70 minutes after the opening bell.
Overnight, Wall Street indices fell in their worst day since 1987, with the S&P 500 and Nasdaq dropping about 12 percent and the Dow sinking nearly 13 percent.
 


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.malaysia-today.net/2020/03/17/philippines-the-first-to-suspend-stock-market-trade-over-virus-fears/

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Oil Market Mayhem Adds Fears To Economic Growth

Oil Market Mayhem Adds Fears To Economic Growth

papar berkaitan - pada 14/3/2020 - jumlah : 222 hits
Gush of problemsWHILE global markets are still reeling from the spread of the novel coronavirus the collapse in the oil price was like a kick in the teeth for Malaysia and the world Oil prices which crashed at the start of this week on the ...
First Person Charged Over Enforcement Of Mco

First Person Charged Over Enforcement Of Mco

papar berkaitan - pada 23/3/2020 - jumlah : 206 hits
A mechanic became the first person to be charged in connection with the movement control order for obstructing a public servant from discharging his duty in enforcing the 14 day order which took effect last March 18 S Punniamurthy 33 pleade...
Vivo Ranked As The Top 5 Smartphones Manufacturer On Global Market

Vivo Ranked As The Top 5 Smartphones Manufacturer On Global Market

papar berkaitan - pada 12/3/2020 - jumlah : 305 hits
Hi Everyone Market share has always been the most controversial topic among smartphone industries and it is also something consumers eager to pay attention to According to the recent global smartphone shipments report for the fourth quarter...
Popular Sabah Harvest Festival Cancelled Over Covid 19 Fears

Popular Sabah Harvest Festival Cancelled Over Covid 19 Fears

papar berkaitan - pada 14/3/2020 - jumlah : 314 hits
Participants in an earlier Unduk Ngadau contest to pick the Kadazandusun beauty queen representing the symbol of love and sacrifice KOTA KINABALU Kaamatan one of Malaysia s most anticipated harvest festivals will not be held this year becau...
How The Tablig Spread The Virus So Quickly

How The Tablig Spread The Virus So Quickly

papar berkaitan - pada 18/3/2020 - jumlah : 262 hits
Well it looks like 79 Cambodians attended that Tablig gathering in Sri Petaling They went home to Cambodia and now 12 of them have tested positive for the Corona Virus Here is the news Ministry of Health confirmed 12 new Covid 19 positive c...
Here S The Ultimate Step By Step Guide To Filing Your Income Tax For The First Time

Here S The Ultimate Step By Step Guide To Filing Your Income Tax For The First Time

papar berkaitan - pada 12/3/2020 - jumlah : 351 hits
The last day to file your income tax to the Inland Revenue Board is 30 April 2020 small Cover image via Amin Rashidi SAYS small The income tax season is here and your days are numbered before the deadline to file your tax closes in on 30 Ap...
Azmin Ali Will Be The New International Trade And Industry Minister

Azmin Ali Will Be The New International Trade And Industry Minister

papar berkaitan - pada 10/3/2020 - jumlah : 306 hits
Prime Minister Tan Sri Muhyiddin Yassin made the announcement today 9 March small Cover image via Malay Mail Today Online small Datuk Seri Mohamed Azmin Ali will be the new International Trade and Industry Minister Prime Minister Tan Sri Mu...
Cancellation Postponement Of Olympics Over Virus Not Mentioned At Ioc Meet Bach

Cancellation Postponement Of Olympics Over Virus Not Mentioned At Ioc Meet Bach

papar berkaitan - pada 5/3/2020 - jumlah : 329 hits
Thomas Back said the cancellation or postponement of the Tokyo Olympics was not discussed at a key meeting on Wednesday despite fears over the spread of the deadly coronavirus AFP Photo International Olympic Committee president Thomas Bach ...
Bersih Does Not Mind When Bn Mps Cross Over To Ph But Not If It Is The Other Way Around

Bersih Does Not Mind When Bn Mps Cross Over To Ph But Not If It Is The Other Way Around

papar berkaitan - pada 14/3/2020 - jumlah : 272 hits
Bersih does not mind when Barisan Nasional MPs cross over to Pakatan Harapan but not if it is the other way around As the political drama unfolded on Feb 23 with the Sheraton Move that saw the eventual collapse of the Pakatan Harapan govern...
Detik Detik Terakhir Laken Riley Sebelum Mati Dibunuh

Wanita Terjerat Love Scam Doktor Tentera Selepas Dipukau

Hati Hati Orang Kuala Pilah Ada Lelaki Guna Rm100 Palsu

Global Tensions Over China S Overcapacity Will Rise Under Trump

Allahyarham Tun Daim Dilepas Dan Dibebas Daripada Pertuduhan Gagal Isytihar Harta

Drama Curang Tanpa Niat

The Frugal Traveler Remembers Arthur Frommer The Guy Who Inspired Travelers To Just Do It

Huawei Matepad 12 X


echo '';
Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula

Biodata Terkini Zehra Zambri Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Semalakama

Senarai 10 Finalis Anugerah Juara Lagu AJL 39 2025 Keputusan Separuh Akhir Semi Final Muzik Muzik SFMM 2024


15 Playful Midcentury Kids Room Ideas For A Retro Vibe

Natural Gas Fuel Not A Hazard

How Car Centric Planning Is Killing Malaysians

Masjid Lapangan Terbang Sultan Abdul Aziz Shah

Rawatan Profhilo Di Klinik Dr Bazilah

Spaghetti Bolognese