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Sri Lanka Stock Exchange to Halt for Five Days From April 18

  • Regulator says move to help investors make informed decisions
  • Industry body ‘dismayed’ by action, calls for reconsideration
Updated on

Sri Lanka’s securities commission ordered the Colombo Stock Exchange to be halted next week to give investors time to digest the country’s economic conditions.

The board of directors of the stock exchange, along with other stakeholders, had sought a temporary closure of the market, the Securities and Exchange Commission of Sri Lanka said in a statement on Saturday.