Sign up | Log in



Home>>Daily News>>Philippines>>Economy>>PHL financial markets close for Eid'l Fitr

NEWS UPDATES Asean Affairs   June  15, 2018  

PHL financial markets close for Eid'l Fitr

 Philippine financial markets are closed on Friday, June 15, in observance of Eid'l Fitr, marking the end of Ramadan.

There is no trading on the Philippine Stock Exchange (PSE). Foreign exchange spot transactions at the Bankers Association of the Philippines are also closed.

The PSEi closed at 7,529.54, down 73.44 points or 0.97 percent on Thursday, as foreign funds continued selling their positions after the Federal Reserve decided to hike interest rates and the peso depreciated to P53:$1-level.

Meanwhile, the Philippine peso depreciated to a fresh near 12-year low at P53.27 from P53.23:$1 on Wednesday, pressured by Fed’s latest rate hike and its steeper rate hike path coupled with risk-off sentiment in certain emerging markets.

Malaca?ang earlier declared June 15 a regular holiday nationwide in observance of Eid'l Fitr.

Financial markets will resume on Monday, June 18.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

  Today's  Stories                      June 15, 2018 
• Techcombank to increase charter capital to US$1.53 billion
• Jakarta to see lower electricity consumption during holiday  Subcribe: Asean Affairs Global Magazine
• Techcombank to increase charter capital to US$1.53 billion Subsribe Now !
• PHL financial markets close for Eid'l Fitr 
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• PHL to post wider current account deficit in 2018
Asean Stock Watch   June 15,  2018

• Asean Stock Watch-June 15, 2018
Asean Analysis                June 11,  2018
• Asean Analysis June  11, 2018
Inflation may yet peak —Diokno
Advertise Your Brand

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand