The Security and Exchange Commission (SEC) has decided that the Colombo Stock Exchange (CSE) will remain closed temporarily due to the prevailing situation in the country. Accordingly, it will remain closed for five business days commencing April 18.
The SEC said in a statement that the Board of Directors of the CSE had directed the Commission to temporarily close the stock market, citing the present situation in the country.
Many other stakeholders of the securities market, including the Colombo Stock Brokers Association, had also sought the temporary closure of the market, the statement added.
