Sri Lanks’s stock market crashes in mid-day trading today

Managing Director Kristalina Georgieva arrives and starts her first day of work at the IMF

Mar 25, 2015 (LBO) -Today during mid-day trading All Share Price Index (ASPI) of Colombo Stock Exchange (CSE ) dropped below 7000.

Informed sources say inconsistency in government policy and the fact that coalition partners do not seems to see eye to eye on many important matters are denting investor confidence.

Analysts say the market dropped mainly due to thin trading volumes and net foreign sales in the past few days.


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