Sri Lanka's SEC has directed the Colombo Stock Exchange to implement the new circuit breaker structure when the market reopens after its closure on 20 March.
May 5, 2020The central bank has also suspended overseas investment and outward remittances by Sri Lankan residents, and cut interest rates for the second time in three weeks.
April 8, 2020Individual stocks will not be allowed to fall below their average closing prices of the preceding five days, and trading is curtailed to just three hours a day.
March 23, 2020Fiji's SPX has signed an MoU with Papua New Guinea's national stock exchange to cooperate on capital markets development, following from a similar MoU with NZX earlier this year.
December 12, 2019Companies will no longer be required to have three years of consecutive profits to list on the main board of the Colombo Stock Exchange.
September 5, 2019Colombo's stock exchange has signed an MoU to list domestic government bonds in London and enable LSEG to support the development of Sri Lanka's capital markets.
May 14, 2019Singapore can do more to prevent sanctions violations by domestic firms playing out on the international stage, says Eric A. Sohn at Dow Jones Risk & Compliance.
November 15, 2018Officials say any equity, corporate bond, derivative or open-end mutual fund can be traded on the new platform, with no capital or disclosure requirements.
July 21, 2018The Colombo Stock Exchange and the securities regulator are launching an SME board next week to encourage equity financing by small firms and boost growth and corporate governance in the sector.
June 27, 2018