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CSE considers closing for 5 days

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1CSE considers closing for 5 days Empty CSE considers closing for 5 days Sat Apr 16, 2022 9:00 am

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The Colombo Stock Exchange is considering to close for the next 5 days, The Morning reliably learns.

The reason for the closure is cited as default and the ongoing economic crisis in the country.

https://www.themorning.lk/cse-considers-closing-for-5-days/

https://www.srilankachronicle.com

2CSE considers closing for 5 days Empty Re: CSE considers closing for 5 days Sat Apr 16, 2022 12:03 pm

target1


Manager - Equity Analytics
Manager - Equity Analytics

Look  like it is going to happen. Probably may close the market until July 2022. 


1.     From July 31, 1914, to Dec.15 1914
New York Stock Exchange closed from 31st July 1914 to 28th of November 1914 (the longest period in exchange history) until bonds began trading again. Stock trading re-opened 15th of December 1914. Shares were not allowed to trade below closing prices of 30th July of 1914. By 1st of April 1915, all trading was re-established without price limits.
 
2.    During devastating attack on the World Trade Center closed the exchange for more than 10 days.
 
3.    Greek stock market shut down for 5 weeks in 2015 during their economic crisis
 
4.     Probably, CSE may close for three months.

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