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Friday, April 26, 2024

PSE closes down BGC office as one employee tests positive for virus

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The Philippine Stock Exchange said it closed down its headquarters in Bonifacio Global City in Taguig on Wednesday after one of its employees tested positive for coronavirus disease 2019.

All employees and traders who reported for work on Wednesday were asked to vacate the premises.

“We are closing down our premises for decontamination and for any other necessary measures to ensure that the health of our employees will not be comprised,” PSE president and chief executive Ramon Monzon said.

“The PSE will initiate contact tracing to identify the individuals that the employee was in close contact with when the staff member was in the premises of the exchange,” Monzon said.

Monzon said the stock market trading would not be affected by the closure of the trading floor as trading participants were equipped to conduct offsite trading.

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Business functions of the exchange will also not be hampered by the closure as its employees have an alternative work arrangement.  The office will be closed for 24 hours.

The PSE re-opened its trading floor on June 1 following the easing of lockdown in Metro Manila.  Brokers conducted offsite trading while Metro Manila was still under enhanced community quarantine from March 19 to May 29.

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