No More 10% Price Band in CSE

Spread the love

Colombo Stock Exchange
Colombo Stock Exchange

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.


Spread the love

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *