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Sri Lanka’s stock market plunged 5.44% on March 3, 2026, amid global risk fears and rising oil prices from Middle East tensions.
Sri Lanka’s Colombo Stock Exchange suffered its largest single-day point drop on March 3, 2026, with the All Share Price Index falling 1,290.68 points, or 5.44%, to close at 22,443.38, as global risk concerns and rising energy prices—fueled by Middle East tensions—spurred a market sell-off.
Trading was briefly halted after the S&P SL20 Index dropped more than 5%, triggering a circuit breaker.
The downturn, driven by fears of oil supply disruptions and a fragile economy reliant on imported fuel and remittances, also saw major sectors like real estate and consumer discretionary decline sharply.
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El mercado de valores de Sri Lanka se desplomó un 5.44% el 3 de marzo de 2026, en medio de temores a los riesgos globales y el aumento de los precios del petróleo debido a las tensiones en Oriente Medio.