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CSE to reopen on Monday

The Colombo Stock Exchange (CSE) is set to resume trading on Monday (11 May 2020) after its longest ever shut down aimed at combating the COVID-19 pandemic.
This decision has been taken consequent to the announcement made by the Government that both public and private sector entities  in the districts of Colombo, Gampaha, Kalutara and Puttalam should re-commence work from Monday onwards, the CSE said in a disclosure.

However, the market will not operate under normal trading hours from  9.30 am to 2.30 pm on Monday, CSE's Chief Regulatory Officer Renuke Wijayawardhane said.

Accordingly, The revised Trading hours are set out below;

Pre-open session - from 10.30 a.m. to 11.00 a.m.
Open Auction - at 11.00 a.m.
Regular Trading - will commence after the Open Auction at 11.00 a.m.
Market close - at 1.00 p.m.

The Colombo Stock Exchange (CSE) has been remain closed for trading since 16 March 2020 following the curfew imposed by the government in order to contain the COVID-19 pandemic, only opening for a curtailed trading period on 20 March 2020. However, as the market opened; the trading was halted for 30 minutes after Standard and Poor’s Sri Lanka 20 Index of liquid stocks plunged 5%.  Again the curfew was imposed that evening and there has been no trading.