MANILA — The Philippine Stock Exchange (PSE) suspended trading on Monday due to the incoming threat of super typhoon ‘Ruby’, which also halted government work and classes in the National Capital Region and nearby areas.
In an advisory, the PSE added there will be no clearing and settlement at the Securities Clearing Corporation of the Philippines.
This, after the Bangko Sentral ng Pilipinas also suspended clearing operations in the Philippine banking system.
State weather bureau Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said that Metro Manila is now under signal no. 2.