Sri Lanka Stocks Plunge, Ending Trading 32 Minutes After Reopen
- Benchmark Colombo All-Share Index fell as much as 6.7%
- Stocks in the island nation lost one third of value this year
A protest amid the country's ongoing economic and political crisis in Colombo on April 24.
Photographer: Buddhika Weerasinghe/Getty Images
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Stocks in Sri Lanka plunged, triggering a trading halt for the rest of the day, lasting barely 32 minutes after the market opened for the first time in two weeks.
Sri Lanka’s blue-chip index sank 12.6%, exceeding the 10% drop that resulted in an all-day suspension. Benchmark Colombo All-Share Index fell 6.7% as investors worry about the nation’s economic crisis.