The Colombo Stock Exchange (CSE)’s Delivery Versus Payment (DVP) Settlement mechanism was implemented as scheduled on Monday.
The Open Auction call session of the CSE on Monday was from 12.15 pm to 1 pm. The pre-open was extended in order to provide more time for order entry in view of the transition to the upgraded systems.
The Open Auction was at 1 pm and regular trading commenced thereafter, the CSE said in a media release.
“The commencement of the pre-open session was delayed due to one broker system vendor having technical difficulties in connecting to the exchange. The CSE decided to postpone the market opening until the system vendor was normalised, thereby giving the chance for all market participants and investors to participate in the trading session given the importance of the transition to the DVP environment. The decision was the responsible course of action to ensure the functioning of an orderly market. The CSE continues to investigate into the vendor’s issues and will take all necessary actions to prevent a recurrence of the situation,” it said.
Monday’s market closed at 2.30 pm recording a turnover of Rs. 834.43 million within a limited period of 90 minutes.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Villagers in Nirmalapura, Daluwa, Norochcholai today staged a protest over an incident where a group of Navy officials and sailors had assaulted a resident in the area over night, Police said.
A passenger attempting to smuggle the largest quantity of gold of 35 kilo grams was arrested by the Customs at the Bandaranaike International Airport (BIA) today, a senior official said.
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