Massive drop in CSE. Businesses close early

Date:

The daily business operations of the Colombo Stock Exchange (CSE) today (03) concluded earlier, at 12.04 pm noon, mainly due to the dropping at S&P SL20 index by over 05 per cent.

Business operations at the CSE are automatically ceased for a period of 30 minutes when the S&P SL20 price index falls by more than 05 per cent.

Generally, the daily business operations at the CSE close at 12.30 pm noon and today the operations had to be concluded early given that there was not enough time to resume them in 30 minutes after the unexpected dropping at 12.04 pm.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Ceylon Tea Enters Biotechnology 4.0 Era with New Botanical Extraction Facility

Sri Lanka’s globally renowned Ceylon Tea industry is poised...

Sri Lanka Begins Stakeholder Consultations to Ratify UN Convention Against Cybercrime

Sri Lanka has taken a major step toward strengthening...

CDC Issues Level 2 Travel Health Notice for Sri Lanka Over Chikungunya Surge

The U.S. Centers for Disease Control and Prevention (CDC)...

Transport Minister Announces Reforms to Improve Services at Werahera Motor Traffic Department

Minister of Transport, Highways and Urban Development Bimal Rathnayake...