Trading at CSE halted

25 November 2011 05:54 am Views - {{hitsCtrl.values.hits}} 6 Bookmark

CHATURANGA PRADEEP SAMARAWICKRAMA Follow

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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

Comments - 6

sankha Friday, 25 November 2011 06:05 AM

What does this mean????

1 32

Manik Friday, 25 November 2011 06:08 AM

Miracle of Asia!!!!!

8 64

Elara Friday, 25 November 2011 07:46 AM

What a Wonderful Budget says the Colombo Stock Exchange !!!

2 45

hisham Friday, 25 November 2011 09:43 AM

Since CSE is comparatively a small market,its easy for manipulators to bring it down,to buy shares at lower prices and less risky than pumping and dumping at higher prices.

1 13

lal Saturday, 26 November 2011 06:38 AM

what will happen to our money

0 0

Nodrog Sunday, 27 November 2011 02:05 AM

'Cooling off" nice way to promote investor confidence.

0 0

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