Business08 January 2026

Colombo Stock Exchange resumes trading

Colombo+Stock+Exchange+resumes+trading

The Colombo Stock Exchange (CSE) resumed normal trading today (08) following a full-day suspension triggered by a massive technical and trading anomaly.

The market halt was enforced yesterday morning after shares of a newly listed entity, WealthTrust Securities Limited, experienced an unrealistic price spike, jumping from an IPO price of Rs. 7 to a staggering Rs. 25,000 within just 24 minutes of its debut.

The surge, which occurred around 9:54 am yesterday (09), caused the market's total turnover to artificially swell to over Rs. 162 billion.

Authorities believe the chaos was caused by "market orders" being matched with extreme "sell orders"—a loophole the CSE has now vowed to close by banning market orders on the first day of any future IPO.

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