The extraordinary measures taken by the Government of Sri Lanka in order to contain the COVID-19 pandemic includes an extension of a country-wide curfew.
The Covid-19 pandemic is affecting individuals & organizations across the globe.
It is evident that the Corvid-19 pandemic would create a significant economic impact globally.
In view of the extension of the curfew by the Government, the Colombo Stock Exchange (CSE) has decided that the CSE will remain closed for Trading on Tuesday, 31st March 2020.
Cashwagon’s cutting-edge IT system used Machine Learning and Artificial Intelligence (AI) to identify fraudsters, who impersonated Cashwagon sales agents.
In view of the extension of the ongoing curfew in the districts of Colombo, Gampaha and Puttalam, the Colombo Stock Exchange has declared the period from 25th to 27th March 2020 as market holidays.
Halting trading of the market due to an extreme decline in a particular index during the day, as a result of the share prices falling rapidly, is a measure that is implemented by stock markets around the world.
In view of the extension of the ongoing curfew in the districts of Colombo, Gampaha and Puttalam, the Colombo Stock Exchange has declared 23rd and 24th March 2020 as market holidays.
The Board of Directors of the CSE has decided to close the market today (Friday) 20th March 2020 at 12 Noon in view of the curfew imposed by the government to enable staff to travel to their homes.
The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, has today issued a statement on coronavirus (Covid-19) and current market volatility.
Trading on the Colombo Stock Exchange (CSE) will resume on Friday, 20th March 2020.
