Sri Lanka stocks end down again

(EconomyNext) – Sri Lanka’s benchmark stock index ended lower for the second day Tuesday in choppy trade, brokers said.

The All Share Price Index fell 0.2 percent (16.85 points) to 7,549.85 while the S&P SL20 index, which tracks the top 20 largest and most liquid stocks on the Colombo Stock Exchange, edged up 0.1 percent (4.09 points) to end at 4,265.68.

Turnover was 1.3 billion rupees.

The index was partly dragged down by losses in Commercial Leasing & Finance which fell 30 cents to 4.50, Sri Lanka Telecom which fell 1.3 percent (70 cents) to 52.60 rupees, both on thin volumes, as well as Union Bank which fell 90 cents (3.1 percent) to 28 rupees. 

Construction firm Access Engineering was again one of the most actively traded stocks, closing unchanged at 30 rupees.

Index heavyweight John Kells Holdings was also actively traded with 1,388,234 shares changing hands generating a turnover of 336 million rupees. It rose 30 cents (0.1 percent) to close at 241.80 rupees.

The Colombo bourse is closed on Wednesday, January 14 as the government has declared it a public and bank holiday to mark the visit of Pope Francis to the island.


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