CSE considers closing for 5 days

CHRONICLE™ · 1 CSE considers closing for 5 days Sat Apr 16, 2022 9:00 am

CHRONICLE™

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The Colombo Stock Exchange is considering to close for the next 5 days, The Morning reliably learns.

The reason for the closure is cited as default and the ongoing economic crisis in the country.

https://www.themorning.lk/cse-considers-closing-for-5-days/

target1 · 2 Re: CSE considers closing for 5 days Sat Apr 16, 2022 12:03 pm

target1

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Look like it is going to happen. Probably may close the market until July 2022.

1.     From July 31, 1914, to Dec.15 1914
New York Stock Exchange closed from 31^st July 1914 to 28^th of November 1914 (the longest period in exchange history) until bonds began trading again. Stock trading re-opened 15^th of December 1914. Shares were not allowed to trade below closing prices of 30^th July of 1914. By 1^st of April 1915, all trading was re-established without price limits.

2.    During devastating attack on the World Trade Center closed the exchange for more than 10 days.

3.    Greek stock market shut down for 5 weeks in 2015 during their economic crisis

4.     Probably, CSE may close for three months.