PSE reverting to shorter trading hours

Published January 12, 2022, 3:09 PM

by James A. Loyola

The Philippine Stock Exchange announced that it will be reverting to shortened trading hours starting Friday, Jan. 14, 2022, “in view of the surge in COVID-19 cases caused by the Omicron variant.”

In a circular, PSE President Ramon S. Monzon said the bourse will have shortened trading hours from January 14 to 31, 2022.

PSE President Ramon S. Monzon

Pre-opening will be at 9:00 a.m. while pre-open with no cancellation will be begin at 9:15 a.m. Market will open at 9:30 a.m. and pre-close will start at 12:45 p.m., pre-close no cancel at 12:48 p.m., and Run-off or Trading at Last at 12:50 p.m., while market will close at 1:00 p.m.

“We will await further updates from the IATF-DOH on the status of Covid cases and quarantine situation in Metro Manila a few days before January 31, 2022 and make the appropriate announcement on PSE’s trading hours after said date,” Monzon said.

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Just last Dec. 6, the PSE had returned to its pre-pandemic full-day 5-hour trading schedule which ended at 3:00 p.m. after COVID cases had dropped from the surge caused by the Delta variant.

It had also reopened its trading floor last Dec. 1 to allow trading participants with trading booths to resume trading operations on site.

 
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