Sri Lanka stocks end 0.07-pct lower, selling in JKH
Monday May 27, 2019 16:17
ECONOMYNEXT – Sri Lanka’s stocks closed 0.07 percent lower on selling interest in Ceylon Cold Stores, Commercial Leasing and Finance PLC and John Keells Holdings (JKH), provisional data showed.
Colombo’s All Share Price Index (ASPI) closed 3.62 points lower at 5,291.49. The ASPI reached an intra-day high of 5,314.54 towards the latter part of the morning session, before a tumble in the afternoon.
The S&P SL20 of more liquid stocks ended 0.13 percent or 3.10 points down at 2,461.07.
The market turnover was 444.6 million rupees with 54 stocks gaining and 65 declining.
Foreigners were active in the market, with net buying of 183.11 million rupees.
Ceylon Cold Stores closed 15.70 rupees down at 580.00 rupees a share and Commercial Leasing and Finance fell 0.20 cent to 2.40 rupees a share, contributing to the ASPI decline.
JKH contributed 83.2 percent (369.9 million rupees) to daily turnover and closed 0.50 cents lower at 137.50 rupees a share. Of JKH trade, 274 million rupees in turnover came through two crossings at around 137.90 rupees a share.
(COLOMBO, 27 May 2019)