Sri Lanka, April 8 -- The indices at the Colombo Stock Exchange (CSE) rebounded on Tuesday after three continuous days of decline following market turmoil in the wake of US President Donald Trump's tariffs.
Accordingly, the All Share Price Index (ASPI) rose by 467.26 points (3.19%) to close at 15,127.71 while the S&P SL20 gained 190.29 points (4.46%) to close at 4,455.13 points.
The day's turnover was recorded as over Rs. 2.89 billion.
The announcement of new tariffs by US President Donald Trump has not only sent shockwaves across the globe, it also resulted in Colombo Stock Exchange (CSE) losing Rs. 430 billion in three days of trading.
Trump announced on Wednesday (April 2) a 10 per cent baseline tariff on imported goods and harsher...
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