The Colombo Stock Exchange (CSE) temporarily suspended regular trading for 30 minutes today (11) as the S&P SL20 index had dropped by over 5% during the trading session.
The CSE had resumed trading after a seven-week closure yesterday (12).
Regular trading commenced at 11 a.m. yesterday and was brought to a screeching halt in approximately 30 or 40 seconds by the new circuit breaker system, which was designed to close trading for the day if the S&P SL20 index of the 20 largest listed companies falls by 10%.
The S&P SL20 fell 186.89 points, or 9.60%, to 1,760 points while the All-Share Price Index (ASPI) fell 179.20 points or 3.92%, to 4,392.43. Turnover was a meagre Rs. 24.8 million.
CSE halts trading
12 May 2020
CSE halts trading
12 May 2020
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