Arab Today, arab today philippine bourse extends trading hours
Last Updated : GMT 23:49:03
Arab Today, arab today
Arab Today, arab today

Philippine bourse extends trading hours

Arab Today, arab today

Arab Today, arab today Philippine bourse extends trading hours

Manila - Afp

The Philippine Stock Exchange said Thursday it would extend trading hours, the latest move by the bourse to boost turnover in the undersized market. Trading now lasts just two hours and 40 minutes and closes at midday. From October 1 trading will be extended to 1:00pm, the bourse said in a statement. And from January 1 the trading floor will be open between 9:30am and noon, then from 1:30-3:30pm, it said. Thursday\'s announcement was the second move this year by the exchange to generate higher trading volumes. In April it ordered the 30 large companies making up its composite index to raise the proportion of their freely traded shares from 10 percent to 12 percent by September. It said those that failed to comply with the higher free-float requirement would be excluded from the composite index. There are just 249 companies listed on the Philippine stock market, and total daily turnover averaged only five billion pesos ($116.3 million) this year, according to the exchange\'s website. Fewer than half a million Filipinos, or 0.5 percent of the population, owned and traded stocks last year, it said. But those few investors have done well recently. The composite index rose to an all-time high of 4,439.61 points on July 5, up 5.68 percent this year after a rise of 37.6 percent in 2010.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today philippine bourse extends trading hours Arab Today, arab today philippine bourse extends trading hours

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today philippine bourse extends trading hours Arab Today, arab today philippine bourse extends trading hours

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday