Sri Lanka stocks end 0.95 percent lower on John Keells Holdings

ECONOMYNEXT – Sri Lanka’s stocks closed 0.95 percent on Monday dragged down by John Keells Holdings after a week’s momentum, provisional data showed.

Colombo’s All Share Price Index (ASPI) closed 56.66 points to 5,934 retreating after last week’s gain.

ASPI reached the intra-day’s highest to 5992.52 at open but continued to tumble down throughout the day to close at 5,934.63.

S&P SL20 index of more liquid stocks fell 1.37 percent or 39.58 points to 2,843.43.

Market turnover was 181.9 million rupees while 28 stocks gained, and 94 stocks fell.

John Keells Holdings closed 3.10 rupees lower to 163.90 rupees a share, contributing mostly to ASPI’s fall.

Distilleries Company of Sri Lanka stocks ended 60 cents lower to 17.20 rupees a share and Dialog Axiata closed 20 cents down at 12.30 rupees, dragging ASPI down further. (Colombo/Jan27/2020)

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