Stock market resumes today

The Colombo Stock Exchange (CSE) will resume trading today after being closed on Monday. 

The CSE said trading will be from 10.30 a.m. to 12.30 p.m. Settlements will take place as notified through the CDS Circular dated 11 May 2022. 

The market is down by 40% year to date but expectations are that it will rebound sharply today on the strength of a breakthrough in political stability.