The Colombo Stock Exchange announced; that the Securities and Exchange Commission of Srilanka has decided to direct the Colombo Stock Exchange to Life the 10% Price Band.

The 10% Price band was imposed for 5 Market days on certain securities based on an agreed formula which takes into account volatility and volumes.

Possibilities of Re-impose of 10% Price Band

The SEC will continuously monitor the Market Behavior, and the Price Band may be re-imposed in future, if the situation so warrants.

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