Stock market halts trading as S&P SL20 drops

October 4, 2022 10:59 am

The Colombo Stock Exchange (CSE) halted trading today (Oct. 04) as the S&P SL20 index dropped over 5% from the previous close.

Subsequently, the regular trading session commenced at 10.41 a.m.

According to the regulations of the Securities and Exchange Commission of Sri Lanka, if the S&P SL20 index falls by more than 5% from the previous trading day, daily trading is suspended for a period of 30 minutes.

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