Regular trading at the Colombo Stock Exchange has been temporarily halted due to the S&P SL20 index dropping over 5 per cent from the previous close.
The market has been halted for 30 minutes, the CSE said.
Trading at CSE is suspended if stocks fall below 5 per cent from previous close which triggers the circuit breaker set out by the Securities and Exchange Commission of Sri Lanka.
Earlier, Asian markets plunged, deepening a global stocks rout triggered by US President Donald Trump’s trade war.