CSE suffers biggest one-day drop in history. ASPI drops by 561 points

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) today (02) recorded the biggest drop in a single day in history.

The benchmark All Share Price Index crashed down by 561.75 points (or 6.56%) to close at 8,005.32 whilst the S&P SL20 index which features the largest and most liquid stocks listed on the exchange also decreased by 251.77 points (or 7.32%) to close at 3,187.38.

Earlier, the biggest drop was recorded on 05 October 2020, when the ASPI dropped by 462.99 points.

Meanwhile, today the Colombo Stock Exchange halted trading twice for 30 minutes each after it’s blue-chip index first dropped 5% and then 7.5% from its previous closing level.

The day’s trading recorded a turnover of Rs.6.9 billion.

The post CSE suffers biggest one-day drop in history. ASPI drops by 561 points appeared first on Adaderana Biz English | Sri Lanka Business News.

Source From biz.adaderana
Author: Isma Izzath
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