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Sri Lanka CSE cancel all trades on Wealth Trust error trade

by

Sienna De Silva
in ,

FINANCIAL CHRONICLE – The Colombo Stock Exchange (CSE) of Sri Lanka announced the cancellation of all trades on Wednesday due to an erroneous transaction involving shares of Wealth Trust Securities, which made its market debut that day.

Following a sale, sellers can leverage the buying power to acquire other shares. However, the CSE observed that “the price of certain transactions of Wealth Trust Securities Limited carried out in the morning today, appeared to be at irregular prices,” according to a statement released by the exchange.

Recognizing the potential impact on investors’ buying power, the CSE decided to halt the market temporarily to maintain a fair and orderly trading environment. With the agreement of the Securities and Exchange Commission (SEC), the CSE will annul all transactions of equity securities conducted prior to the market halt.

Trading activities will recommence once all transactions are canceled and all orders placed after 9 a.m. on January 7, 2026, have been removed from the system. As a result of the order purge, investors will need to re-enter their orders into the Order Management System (OMS).

(Colombo/Jan07/2026)

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