CSE should be kept closed! - Mon Mar 23, 2020 8:22 pm
@ChooBoy wrote:Colombo Stock Market, S&P has lost more than 10% of its market value within 1 hour of trading today.
CSE is not a critical financial service and there is no urgency to keep the Stock Market open under current circumstances.
By keeping the CSE open what are they trying to achieve?
Are they trying to help the Government to overcome CoronaVirus or give an opportunity to cunning ruthless opportunist to gain at the expenses of innocent local investors.
Further this will only allow foreign investors to take our foreign currency reserves away.
Most prudent thing is for CSE to remain close until we overcome CoronaVirus.
#srilanka #coronavirus #cse #stockmarketcrash2020
Strongly agree. It would be prudent to close down CSE for two weeks in order to protect small fishes from Sharks.