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CSE temporarily halts regular trading

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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.

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