PSEi falls ahead of SONA; BSP suspends operations

By The Manila Times

Jul 25, 2023 12:40 am

THE stock market snapped a three-day rise on Monday as investors chose to stay on the sidelines ahead of President Ferdinand Marcos Jr.'s State of the Nation Address (SONA).

The peso, meanwhile, went untraded as the Bangko Sentral ng Pilipinas (BSP) suspended several services in line with Malacañang's move to close government offices and call off classes due to possible bad weather and a SONA-spurred transport strike.

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