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Sri Lanka stocks close lower

ECONOMYNEXT- Sri Lanka’s stocks closed 0.15 per cent lower on Wednesday, pushed down Carson Cumberbatch PLC, Bukit Darah PLC and John Keells Holdings, provisional data showed.

The All Share Price Index (ASPI) at the Colombo stock exchange closed 8.71 points down at 5,984.94.

The main index started positive but fell to a daily low at 5,937.03 during the mid-day trading but picked up and continued to increase throughout the day on volatile trading to close marginally high.

The more liquid S&P SL20 Index closed 0.42 per cent or 10.32 points down at 2,465.79.

The market turnover was 142 million rupees, while 82 stocks gained and 102 fell.

Index-heavy Carson Cumberbatch PLC contributed most to the ASPI fall, closing 14.80 rupees down at 313.80 rupees a share.

Bukit Darah PLC closed 17.60 rupees down at 460.60 rupees a share and John Keells Holdings closed 1.30 rupees down at 134.60 rupees a share.

A 59.5 million rupees crossing (negotiated trade) was seen in DFCC Bank at 70.00 rupees a share and the stock closed at 69.90 rupees a share.

A 32 million rupee was seen in Commercial Bank of Ceylon at 80.00 rupees a share and the stock closed at 79.90 rupees a share.

Another crossing in Hayleys fabrics amounted to 24.25 million rupees at 26.00 rupees a share and the stock closed flat at 26.00 rupees a share.





The Net foreign buying in the market was 68.5 million rupees.
The Bank industry index, which was the most active, fell 0.25 per cent.
(Colombo/September 30/2020)

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