‘Technical issue’ caused trading halt, probe underway - PSE

A technical issue caused the trading halt on the Philippines’ stock market early Wednesday morning.

In an update, the Philippine Stock Exchange Inc. (PSE) said the local bourse encountered a technical issue that prompted it to halt trading at 9:32 a.m.

Trading resumed at 11:56 a.m., while afternoon trading (1 p.m. to 3 p.m.) proceeded as scheduled.

“PSE and its third-party front-end system provider continue to investigate the matter to identify the root cause,” the local bourse operator said.

On Wednesday, the benchmark PSE index (PSEi) opened at 6,539.81, down 14.23 points, or 0.22%.

The local stock barometer closed at 6,498.88, down 55.16 points or 0.84% from Tuesday’s close of 6,554.04. — VBL, GMA Integrated News