Sri Lanka stocks end 0.07-pct lower, selling on HNB, JKH

ECONOMYNEXT- Sri Lanka’s stocks ended 0.07 percent lower on selling interest in Hatton National Bank and John Keells Holdings.

Colombo’s benchmark All share closed 3.73 points lower at 5,382.54 after recovering from an intra-day low of 5,353.33 in the last half hour of trading.

The S&P SL20 of more liquid stocks closed 0.70 percent or 18.10 points lower at 2,569.10.

Market turnover was 333 million rupees, with 37 stocks gaining and 84 falling.

Foreigners were selling, with net outflows of 57.05 million rupees.

Hatton National Bank closed 4.20 rupees lower at 165.80 rupees a share while, John Keells Holdings closed 1.10 rupee lower at  138.40 rupees a share.

Sampath Bank was the most active stock, contributing 36.9 percent to market turnover, and closing 1.60 rupees lower at 152.20 rupees a share. (COLOMBO, 7 May, 2019)

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