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Price band for only in five days
5:48 PM // 0 comments // samavadey // Category: newsThe SEC will continue to closely monitor market conduct, especially in relation to the price volatility in the market and will consider further relaxations if deemed fit. However the SEC may re-impose any conditions that have been relaxed so far if the market conditions so warrant, a SEC press release said.
Therefore the Colombo Stock Exchange is hereby directed henceforth to subject public listed companies captured under the aforesaid formula to a 10 percent price band for five market days only until further notice. The said directive will be effective today.
source - www.dailynews.lk
wait
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