Just Earth News | @justearthnews | 10 May 2022, 06:43 am Print
Sri Lanka Stock Market Image: UNI
Colombo: Sri Lanka's Colombo Stock Exchange (CSE) declared on Tuesday a market holiday as a nationwide curfew was imposed due to street unrest.
The CSE said in a statement that they had been informed that the Real Time Gross Settlement system of the central bank will not be operated on Tuesday.
Thus, the Central Depository System of the CSE is unable to complete the fund settlement and the securities settlement falling on Tuesday as per the delivery versus payment settlement mechanism.
"In the circumstances, the CSE has declared Tuesday as a market holiday due to the aforesaid operational reasons," said the CSE.
Over 200 people have been reportedly admitted to the Colombo National Hospital following the violent situation that erupted in Colombo on Monday.
Mahinda Rajapaksa resigned as Prime Minister on Monday as violent protests broke out.
(With UNI/Xinhua inputs)
- Record-breaking Apple: $143.8B revenue and 2.5 billion active devices
- Layoff storm at Amazon: 16,000 employees impacted worldwide
- Why gold just exploded past $5,000 — And what’s driving the rally
- AI shockwave ahead: IMF chief warns millions of jobs could vanish
- UN report shows global economy shows signs of growth, but experts believe recovery remains fragile
-1763561110.jpg "Image of the day: November 19, 2025")
