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Sri Lanka stock market closes cancelling all trades after error trade

ECONOMYNEXT – Sri Lanka’s stock market was closed with all deals cancelled after an error trade on shares of Wealth Trust Securities, which debuted on Wednesday. “Based on the request made by industry participants and to ensure a fair and orderly market the CSE in consultation with the Securities and Exchange Commission (SEC) has decided to close the market for the day,” the Colombo Stock Exchange said in a statement. “As notified earlier CSE has cancelled all orders and transactions carried out today prior to market halt. Trading will resume tomorrow as usual.” The CSE initially halted trading after an…

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