March 19, 2020 / 1:48 AM / 17 days ago

Philippine stock market plummets 12.4%, triggers trading halt

MANILA, March 19 (Reuters) - The Philippine stock market slumped on Thursday, with the broader index plummeting 12.4% as soon as trading resumed following a two-day closure amid coronavirus quarantine measures on the country’s main island.

The decline triggered the circuit breaker, a 15-minute trading suspension when the broader index drops at least 10% in one day.

The main index fell to its lowest since December 2011. (Reporting by Neil Jerome Morales; Editing by Tom Hogue)

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