PSE to implement shortened trading hours starting March 16

The Philippine Stock Exchange Inc. (PSE) would implement shortened trading hours starting next week, following the community quarantine imposed on Metro Manila.

In an advisory, the PSE said trading would only last four hours -- from 9 a.m. to 1 p.m. -- starting March 16 until April 14, 2020.

TRADING SCHEDULE ALERT:

The PSE will observe shortened trading hours from March 16 to April 14, 2020.

Trading schedule on Monday, March 16:
9:00am - Pre-Open
9:30am - Market Open
12:45pm - Pre-Close
12:50pm - Run-off / Trading at Last
1:00pm - Market Close

— Phil. Stock Exchange (@PhStockExchange) March 15, 2020

The local stock barometer closed last Friday at 5,793.34, up by 57.67 points or 1.005% even as the circuit breaker was tapped earlier during the session.

The measure was in line with President Rodrigo Duterte's order to place Metro Manila under community quarantine from March 15 to April 14. — Jon Viktor Cabuenas/DVM, GMA News