Fraud-hit NDB share price falls 15% after trading halt lifted

Wednesday, 8 April 2026 04:30 - - {{hitsCtrl.values.hits}}

Rs. 13.2 billion fraud-hit NDB Bank’s share price yesterday fell down 15.13% or Rs. 19.75 to close at Rs. 110.75 after the Colombo Stock Exchange lifted the trading suspension.

More than 4.1 million NDB Bank shares changed hands generating

Rs. 455 million in turnover, over 24% of the day’s total market turnover of Rs. 1.8 billion.

The trading halt was lifted yesterday at 8:32 a.m. after it was imposed at 9:02 a.m. on Monday.

Most banking stocks gained yesterday although the sector index fell 0.8% largely due to NDB Bank.

Commercial Bank was up 50 cents to Rs. 199.75, Sampath Bank gained 25 cents to Rs. 146.25 and Hatton National Bank increased Rs. 3.25 to Rs. 398.25. Nations Trust Bank gained Rs. 3.50 to Rs. 290 and Amana Bank was up 40 cents to Rs. 27.40 while Union Bank was up 30 cents to Rs.13.30.

NDB Bank was the highest contributor to market turnover and also the highest negative contributor to the ASPI decline at 67.05 points, according to the CSE.