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Backstage
Backstage
Top contributor
Top contributor
Posts : 3775
Join date : 2014-02-24

CSE to trade on Thursday despite curfew Empty CSE to trade on Thursday despite curfew

on Wed Jun 03, 2020 9:28 am

CSE to trade on Thursday despite curfew

Wednesday, 3 June 2020 01:02 -

The Colombo Stock Exchange (CSE) will trade on Thursday 4 June despite countrywide curfew on account of Poson holidays and COVID-19 mitigation measures.

The CSE in consultation with the Securities and Exchange Commission has decided to keep the market open for a limited time on 4 June from 11.00 a.m. to 1.00 p.m.

Market participants have welcomed the move on the basis that crisis or no, markets have to function.

Both the CSE and the SEC came under flak for closing the market for 7 weeks on account of COVID-19, despite bond markets and tea auctions continuing, despite curfew and social distancing measures that prevailed in the country since 20 March 2020
The Invisible
The Invisible
Posts : 2652
Join date : 2016-11-28
Age : 41

CSE to trade on Thursday despite curfew Empty Re: CSE to trade on Thursday despite curfew

on Wed Jun 03, 2020 10:27 am
Good at least SEC showing some intent rather than stay completely inefficient.
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