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.
