Philippine Stock Exchange pushes to resume trading

Concerns that closure will further undermine investor confidence

20200317 PhilExchange

A man wearing a protective mask sits outside the Philippine Stock Exchange at the central business district in Makati City, Manila's financial district.  © Reuters

CLIFF VENZON, Nikkei staff writer

MANILA -- The Philippine Stock Exchange has asked to be exempted from drastic quarantine measures which have placed the country's main island of Luzon under lockdown.

The PSE suspended trading until further notice on Tuesday after Philippine President Rodrigo Duterte announced enhanced community quarantine measures until April 12 that effectively ban residents of Luzon, which is home to around 57 million people, from leaving their houses except to buy food and medicine.

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