WealthTrust Securities Limited commenced trading on Diri Savi Board on 07th January 2026 and the Colombo Stock Exchange (CSE) observed unusually high prices of certain transactions of WealthTrust Securities Limited due to market orders being matched with these unusually high sell orders.
The CSE further observed that those clients who have sold the shares at unusually high prices had used the buying power through the sale of such shares and purchased shares of other listed entities.
Since this will result in a significant systemic risk to the market, the CSE with the concurrence of the Securities and Exchange Commission of Sri Lanka imposed a market halt at 9.54 a.m. and cancelled all orders and transactions carried out on 07th January 2026 in order to ensure a fair and orderly securities market.
The above steps were taken in order to ensure investor protection and maintain a fair and orderly securities market while preserving the integrity of the securities market.
The CSE wishes to further state that the unusual price movements are not attributable to WealthTrust Securities Limited, which listed its securities on 07th January 2026.
As a preventive measure, the CSE has taken steps to disallow market orders on the first day of trading of securities of new listed entities in future.
Market will resume trading as usual on 08th January 2026.
