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PSE studies extending trading hours.(Business News)
From:
Manila Bulletin
| Date:
March 9, 2008
| COPYRIGHT 2008 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: JAMES A. LOYOLA
The Philippine Stock Exchange is again considering proposals to extend its trading hours to allow prospective investors in other time zones to participate in the activities of the local bourse.
PSE president Francis Lim said an extension of the trading hours will benefit foreign funds such as those in Europe whose business hours start in the afternoon in Philippine time.
Lim said another new and more important goal for extending trading hours is to allow overseas Filipino workers to trade in the local bourse without having to wake up in unholy ...
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