Sri Lanka stocks close 0.57-pct lower

Colombo Stock Exchange Board

ECONOMYNEXT – Sri Lanka stocks closed 0.57 percent lower on Tuesday, dragged down by losses in Cargills (Ceylon) PLC, provisional data showed.

Colombo’s All Share Price Index was down 32.94 points to 5,743.54 and the S&P SL20 of more liquid stocks fell 0.48 percent or 13.19 points to 2,746.56.

The market turnover was 260 million rupees with 30 stocks gaining and 102 falling.

Two crossing in John Keells Holdings contributed 66.6 million rupees to the market turnover, and the stock closed 1.10 rupees up at 152.90 rupees a share.

Cargills (Ceylon) PLC closed 8.00 rupees down at 185.00 rupees a share, Browns Investment fell 40 cents to 4.20 rupees a share and LOLC Holdings was down 2.80 rupees at 122.20 rupees a share contributing to the decline of the ASPI

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