Trading at CSE halted

25 November 2011 05:54 am Views - 4966

Sri Lanka's Colombo Stock Exchange halted trading for half an hour as a 'cooling off' period after its Milanka Index of liquid stocks fell more than 5.0 per cent, an official said. Trading will resume at 11.30am, an official stated. 

Brokers said Distilleries Corporation of Sri Lanka fell to 100 rupees, in a possible error trade in a small deal shortly before the trading halt which may have tipped the index lower.

Colombo stocks fell 2.7 per cent a day earlier. However prices were weak on Friday