Trading at CSE halted

3 October 2022 01:16 pm Views - {{hitsCtrl.values.hits}} 5 Bookmark

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Trading at the Colombo bourse has been halted for the rest of the day.

The Colombo Stock Exchange (CSE) announced that trading has been halted as the S&P SL20 index dropped over 5 percent from the previous close.

Comments - 5

Mondawada Pissu Monday, 03 October 2022 02:01 PM

The CSE just like the dollar peg is artificially held up high too many times. There is just too much bull/bull market talk, and not respecting that our economy is tanking a while now. The bubble of the CSE needs well more than a 50% correction. Since the dollar loan defaults the market should've been naturally in bear market territory, but somehow like the dollar peg everything is perfectly positive for rupee and the CSE. Looking forward to investing when the reality of economic situation finally comes into the CSE too.

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Mizaru Monday, 03 October 2022 02:46 PM

The Sri Lanka stock market is funky. The country is bankrupt and the stock market is as bullish until a week ago.

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Gabriella Monday, 03 October 2022 06:51 PM

What do you expect with MEEHARAK?

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Jagath Leanage Monday, 03 October 2022 06:09 PM

Oh my god. What is happening now , without a reason ?

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Nihal S Monday, 03 October 2022 08:11 PM

Any reason for the sudden collapse or was it expected anyway?

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