Sri Lanka stocks close 0.05-pct lower

ECONOMYNEXT – Sri Lanka stocks fell 0.05 percent at Friday’s closing on Browns Investment Plc, Richard Pieris and Company and Nestle Lanka Plc, Colombo Stock Exchange provisional data showed.

Colombo’s All Share Price Index fell0.05 percent or 2.95 points to close at 5,768.94.

The main index started positive but fell to a daily low at 5,771.01 during the final hour into trading but picked up to close marginally high.

The S&P SL20 index of more liquid stocks gained 0.22 percent or 5.12 points to 2,300.01.

The market turnover was 1.7 billion rupees with 76 stocks gaining and 99 falling.

Browns Investment Plccontributed most to ASPI’s fall, falling 10 cents a share to trade at 2.30 rupees.

Richard Pierisfell40 cents to trade at 12.60 rupees a share and Nestle Lanka fell 14.50 rupees to trade at 1,065.50 rupees a share also contributing to the ASPI fall.

A negotiated trade (crossing) was seen in Lions Brewery Plc at 545.00 rupees a share and the stock closed flat at 545.00 rupees a share.

The Food, Beverage and Tobacco Industry index, which was the most active, fell. 0.22 percent.

Sri Lankan health officials identified 309 new COVID-19 patients over a 24-hour period that ended at 6am today (23), the National Operations Centre for the Prevention of COVID-19 (NOCPOC) said.

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Of the 309 patients, 121 are from the Minuwangoda cluster and 188 are from the Peliyagoda fish market.

The total number of Covid 19 positive patients found in the Peliyagoda fish market increased to 240 with the new 188 positive cases case.

NOCPOC reports said new patients have been identified from Gampaha, Galle, Colombo, Matara, Kurunegala, Peliyagoda and Anuradhapura areas.
(Colombo/October 23/2020)

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