PSE resumes trading on Thursday, 19 March 2020 on shortened timing

The PSE release another advisory informing the resumption of trading and settlement on Thursday, 19 March 2020.

On Monday, PSE advised the suspension of trading starting today, 17 March 2020 until further notice. It was a move that somehow PSE expected other financial markets might also suspend trading.

But so far, no other market suspends trading and it was expected that PSE will lift the suspension soon. There you go. Trading will resume on Thursday.

On Sunday, PSE also released an advisory regarding the shortened trading hours. On Thursday, the shortened timing will be followed as per today's advisory.

Below is the full text of the advisory:

With reference to Memorandum CN - No. 2020-0021 dated March 16, 2020, please be informed that trading at The Philippine Stock Exchange, Inc. (“PSE”) and clearing and settlement at the Securities Clearing Corporation of the Philippines (“SCCP”) will resume on Thursday, March 19, 2020.
The shortened trading hours to be observed shall be as follows:

9:00 a.m. – Pre-Open
9:30 a.m. – Market Open
12:45 p.m. – Pre-Close
12:50 p.m. – Run-off/Trading-at-Last
1:00 p.m. – Market Close

Further, as prescribed by the national government’s Inter-Agency Task Force on Emerging Infectious Diseases, the PSE trading floor will be closed and will not be accessible by the trading participants. Trading activities by all trading participants will have to be conducted remotely through offsite locations.

For further details on the operational requirements for offsite trading, please refer to Memorandum TPA - No. 2020-0014 dated March 17, 2020 issued by the Exchange.

For your information and guidance.