Only 2 stock market trading days left for 2014

ABS-CBN News

Posted at Dec 22 2014 05:23 PM | Updated as of Dec 23 2014 01:23 AM

MANILA, Philippines - There are only two remaining stock market trading days for 2014.

The Philippine Stock Exchange (PSE) said there will be stock market trading on December 23 and 29, 2014.

However, there will be no trading at the PSE during the days declared as regular and special non-working holidays over the Christmas break.

The holidays declared during the next two weeks are December 24, 25, 26, 30 and 31, 2014 and on January 1 and 2, 2015.

"Since the government has declared the suspension of bank clearing and settlement operations for December 24, 25, 26, 30 & 31, 2014 and January 1 & 2, 2015, there will also be no trading, clearing and settlement at the PSE during these dates," PSE President and CEO Hans B. Sicat said.

Trading at the PSE and clearing and settlement at the SCCP will resume on January 5, 2015.

"We understand that prolonged breaks can be disruptive to the financial system especially in the context of globalizing environments and we have thus asked the Bangko Sentral ng Pilipinas to take into account in subsequent similar occasions opening clearing operations to minimize such disruptions," Sicat said.