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ABS-CBN shares drop 30% | Evening wRap
7,067 Views • Jul 23, 2020
Description
- ABS-CBN shares plunge 30%, losing P3.8 billion in market cap. Shares of embattled media giant ABS-CBN fall sharply by 30% after the Philippine Stock Exchange lifted its trading suspension.
- Senators, journalists, Moros follow suit: Petitions vs anti-terror law now 15. There are now a total of 15 petitions against the anti-terror law filed in the Supreme Court.
- Philippines suspends leisure travel abroad for Filipinos. Filipinos hoping to leave the country in the coming days for leisure will have to hold off after the Philippine government temporarily suspended "non-essential outbound travel."
- 131 detainees die under PNP custody during pandemic. High-profile inmates in the New Bilibid Prison died within days of each other.
- PARTLY FALSE: Ordinance vs minors, parents violating quarantine rules. Several posts circulating online about an ordinance punishing minors and their parents for violating quarantine rules… are partly false.
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