The Philippines’ major stock index, the PSE Composite, has seen a huge rout, falling by 24 percent soon after trading opened. The slide comes after markets were shuttered for two days as Covid-19 takes a toll on the world economy.
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MELTDOWN. 15-minute trading halt lifted. The PSEi bleeds even more, down by over 22% to the 4,100-level. @rapplerdotcom pic.twitter.com/zfY70ClNMV
— Ralf Rivas (@RalfRivas) March 19, 2020
Source: RT