Stock market closes after 10% dip

Tuesday, 26 April 2022 12:33 - - {{hitsCtrl.values.hits}}

The Colombo stock market closed a while ago after the more active index slumped by 10% for the second consecutive session.

The S&P SL 20 index fell by over 5% in early morning too as investors continue to be bearish over worsening economic and political crisis.

Yesterday the market closed within minutes of opening after induces crashed triggering two trading halts. Year to date CSE has plunged by 50% as against 80% gain in 2021.

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