The country is the first to halt trading, after Philippine equities tumbled more than 30% this year – among the biggest declines in Asia.
SINGAPORE (Mar 17): While the Philippine Stock Exchange has suspended trading from Tuesday amid the Covid-19 pandemic, the Singapore Exchange (SGX) says it is committed to keeping its markets open.
The Philippines shut down its equity, currency and bond markets after Manila expanded a month-long lockdown of the capital region to contain the coronavirus outbreak.
