CSE trading halted after S&P index dropped over 5%

Trading at the Colombo Stock Exchange has been halted and will remain closed for the rest of the day.

Trading was halted after a sensitive index dropped 5.1-pct today with index heavy stocks coming under selling pressure.

The Colombo Stock Exchange in a notice said “Please note that the market has been halted due to the S&P SL20 index dropping over 5% from the previous close, as set out in SEC Directive dated 30th April 2020”.