The Philippines becomes the first country to shut down the stock market

The Philippines becomes the first country to shut down the stock market

The Philippines becomes the first country to shut down the stock market

Manila: The Southeast Asian country the Philippines has become the first country in the world to shut down the stock market.

According to details, the stock market in the Philippines has been closed indefinitely, after which it becomes the first country in the world where the stock market has been shut down due to Corona.

The Philippines has stopped trading stocks, currency and bonds, and a one-month lockdown has been imposed in the Capital Region, remember that the Philippine stock market has recorded a 20% decline this month.

On the other hand, Asian stock markets today saw a slight uptick, the Japanese stock market rise by 82 points, the Hong Kong index raised 222 points, all Chinese stock markets also raised marginally, while American and European stock markets Ended with severe depression.

The Dow Jones index fell 13%, the Nasdaq index fell 12%, All European markets also ended in recession, The French market declined 5.7%, the British stock market declined 4, the German stock market declined 5.2%.

Asian markets saw crude oil prices rise at the start of business, Brent crude oil price raised 61 cents, Brent price raised 30 dollars 69 cents a barrel The US crude oil price raised 1 dollar 17 cents and the price has $ 30 dollar 15 cents a barrel.

The global price of gold raised 16 dollars 45 cents an ounce, while the price per ounce of gold raised to $ 1502 dollars 65 cents.

 

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Coronavirus Philippines

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