Sri Lanka's stock market restricts trading hours due to power cuts

COLOMBO : Sri Lanka's stock market is restricting trading to two hours, from the usual four and a half hours, for the rest of the week due to prolonged power cuts in the crisis-hit country, it said in a statement on Thursday.

The Colombo Stock Exchange said the decision to limit trading from 10.30 a.m. to 12.30 p.m. local time was taken at the request of stock brokers. Sri Lanka's power regulator has announced 13-hour rolling power cuts on Thursday across most parts of the country due to a shortage of diesel caused by a lack of foreign currency to pay for fuel imports.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese regulator cracks down on fengshui in stock market forecastsSHANGHAI (Reuters) – It is not known if any geomancers saw this one coming. China’s securities regulator has launched a crackdown on brokerages using fengshui to predict stock market trends in their research notes or investment advisories, state media reported on... they dont trust their own Fengshui ?
Source: thenewpaper - 🏆 7. / 63 Read more »