Colombo Stock Transaction fees lowered.

The Securities & Exchange Commission of Sri Lanka (SEC) has issued directive to Colombo Stock Exchange to reduce transaction cost by 20%. But the government tax of 0.20% will not be changed. The new fee structure will be effective from 1^st July 2010.

The new transaction cost is 1.020% on transaction value up to Rs 50 million. The following table shows the full details of new & previous fee structure.