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CSE resumes trading

12 May 2020

The Colombo Stock Exchange (CSE) resumed trading a short-while ago after trading was halted for 30 minutes today (11) as the S&P SL20 index had dropped by over 5% during the trading session. Turnover has reportedly crossed over Rs. 3 Billion. 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.


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