Philippine stock exchange extends trading hours on Jan. 2, 2012

The Philippine bourse, which closed on last Friday, was Asia's best-performing market last year with about 3.72 percent gain on year-to-date (YTD).

Starting today, daily trading hours at the Philippine Stock Exchange will be extended till 3.30pm (was extended to 1.00pm on Oct.3, 2011), this is part of a two-phase programme by the bourse as it prepares to link up with other Southeast Asian markets.

Trading will now run up to 3:30 p.m. [GMT+8] in the local bourse. Previously, the stock market was open from 9:30 a.m. to 01:00pm, excluding a 10-minute run off period.

Trading hours will be stretched further from today with trading to run up to 3:30 p.m. , the market open remains at 9:30 a.m. with a lunch break from 12pm to 1:30 p.m.

Cross-border trading among Southeast Asian markets is set to be launched in March 2012. The Thai bourse , Singapore Exchange , Bursa Malaysia and the PSE are currently working to set up a regional trading network.

The 10-member Association of Southeast Asian Nations plans to transform itself into a unified trading bloc with free flow of capital by 2015.

The region also includes Indonesia, Cambodia, Brunei Darussalam, Laos, Myanmar and Vietnam.

Source: Yahoo

How regional markets fared in year 2011

                                  Market Index     % Gain / Loss in 2011

1.  Philippines         PSEi                     +3.72%
2.  Indonesia           JKSE                    +2.53%
3.  Malaysia             KLCI                    -0.18%
4.  New Zealand      NZX50                  -1.04%
5.  South Korea      KOSPI                  -11.80%
6.  Australia           S&P/ASX200         -15.23%
7.  Singapore          STI                      -18.22%
8.  Japan                NIKKEI                 -18.68%
9.  Hong Kong        HSI                       -21.34%
10.  Taiwan              TAIEX                   -21.64%
11.  China                SSEC                   -22.90%
12.  India                 BSESN                 -24.83%         

Coming next week on 'first' trading day of 2012, the South Korea, Taiwan, Philippines, India and Indonesia stock exchanges reopen on Monday.
Australia, Hong Kong, Singapore, Malaysia and Vietnam on Tuesday and
China, Japan , New Zealand and Thailand on Wednesday.

Trading Hours on Christmas and New Year Day

Since Christmas and New Year day fall on Sunday in 2011 and 2012, following day (Monday) will be closed for some stock exchanges, below are some exchanges in Asian countries remain open on Monday (Dec. 26, 2011 and Jan. 2, 2012)

Trading Hours on Day after Christmas Day (Dec. 26, 2011)
and
day after New Year's Day (Jan.2, 2012)

Stock Exchange	Closing Hour (at local time)
Australia	Closed on Dec. 26, 2011 (Monday)  and Jan. 2, 2012 (Monday)
China	Open on Dec. 26, 2011 (Monday)  but closed on Jan. 2, 2012 (Monday)
Hong Kong	Closed on Dec. 26, 2011 (Monday)  and Jan. 2, 2012 (Monday)
India	Open on Dec. 26, 2011 (Monday)  and Jan. 2, 2012 (Monday)
Indonesia	Closed on Dec. 26, 2011 (Monday)  but open on Jan. 2, 2012 (Monday)
Japan	Open on Dec. 26, 2011 (Monday)  and Jan. 2, 2012 (Monday)
Malaysia	Closed on Dec. 26, 2011 (Monday)  and Jan. 2, 2012 (Monday)
New Zealand	Closed on Dec. 26, 2011 (Monday)  and Jan. 2, 2012 (Monday)
Philippines	Open on Dec. 26, 2011 (Monday)  and Jan. 2, 2012 (Monday)
Singapore	Closed on Christmas Day  and Jan. 2, 2012 (Monday)
South Korea	Open on Dec. 26, 2011 (Monday)  and Jan. 2, 2012 (Monday)
Taiwan	Open on Dec. 26, 2011 (Monday)  and Jan. 2, 2012 (Monday)
Thailand	Open on Dec. 26, 2011 (Monday)  but closed on Jan. 2, 2012 (Monday)
Vietnam	Open on Dec. 26, 2011 (Monday)  but closed on Jan. 2, 2012 (Monday)

Note:
Since Christmas is not an official holiday in some Asians' countries like China, India, Japan, South Korea, Taiwan, Thailand and Vietnam. Therefore, trading hours will be traded as usual on Christmas Day for these countries unless this day falls on weekend. 

Trading Hours on Christmas Eve and New Year's Eve

If eve of Christmas or New Year Day fall on Saturday or Sunday, then the chart below does not apply otherwise it will be a guide to know which exchanges in Asian countries will be opened or closed.
Hope this help. 

 Trading Hours

on Christmas Eve
and
New Year Eve

Stock Exchange	Closing Hour (at local time)
Australia	Closed at 2.10 pm (Sydney time,GMT + 10) on Christmas Eve  and New Year Eve (Dec.31)
China	Trading as usual on Christmas Eve   and New Year Eve (Dec.31)
Hong Kong	Closed at 12:30 pm (GMT + 8) on Christmas Eve and New Year Eve (Dec.31)
India	Trading as usual on Christmas Eve    and New Year Eve (Dec.31)
Indonesia	Closed on Christmas Eve and New Year Eve (Dec. 31)
Japan	Trading as usual on Christmas Eve  but trading will be closed on New Year Eve (Dec. 31)
Malaysia	Trading as usual on Christmas Eve   but trading will be closed on New Year Eve (Dec. 31)
New Zealand	Closed at 4 pm (GMT + 12) on Christmas Eve   and New Year Eve (Dec. 31)
Philippines	Closed on Christmas Eve and New Year Eve (Dec. 31)
Singapore	Closed at 12:30 pm (GMT + 8) on Christmas Eve and New Year Eve (Dec.31)
South Korea	Trading as usual on Christmas Eve  but trading will be closed all day on New Year Eve (Dec. 31)
Taiwan	Trading as usual on Christmas Eve  and New Year Eve (Dec.31)
Thailand	Trading as usual on Christmas Eve   but trading will be closed all day on New Year Eve (Dec. 31)
Vietnam	Trading as usual on Christmas Eve   and New Year Eve (Dec.31)

* Note:
Since Christmas is not an official holiday in some Asians' countries like China, India, Japan, Malaysia, South Korea, Taiwan, Thailand and Vietnam. Therefore, trading hours will be traded as usual on Christmas Eve and Christmas for these countries unless this day falls on weekend.