PSE to return to full-day trading by March 1

Published February 23, 2022, 3:29 PM

by James A. Loyola

The Philippine Stock Exchange will be returning to its full-day 5-hour trading schedule starting March 1, 2022 as new COVID-19 cases continue to decline, specially in the National Capital Region.

PSE President & CEO Ramon S. Monzon

In a Memorandum, PSE President Ramon S. Monzon said the full-day trading schedule will remain “until further notice.”

Under the full-day set-up, pre-opening will still be at 9:00 a.m. and market opening at 9:30 a.m. There will be a market recess at 12:00 p.m. and trading will resume at 1:00 p.m. and close at 3:00 p.m. after a run-off period starting at 2:50 p.m.

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The PSE had announced shortened trading hours last Jan. 14, 2022, “in view of the surge in COVID-19 cases caused by the Omicron variant.”

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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