Sri Lanka stocks end flat, selling on JKH

ECONOMYNEXT- Sri Lanka’s stocks closed flat on Wednesday, with buying interest on banks, finance and insurance, and selling on index-heavy John Keells Holdings (JKH).

The All Share Price Index of the Colombo Stock Exchange closed at 5,583.58.

The index reached a high of 5,592.73 early in the morning session, and tumbled to a low of 5,579.62 before noon, before recovering in the afternoon session.

The more liquid S&P SL20 Index closed 2.96 points higher at 2,723.37.

Market turnover was 218.59 million rupees with 53 stocks gaining and 47 falling.

Ceylon Tobacco Company closed 4.50 rupees lower at 1,305.50 rupees a share, contributing to the ASPI movements on Wednesday.

JKH was the most active, closing 60 cents lower at 151.90 rupees a share.

Commercial Leasing & Finance closed 20 cents higher at 2.60 rupees a share while National Development Bank closed 3 rupees higher at 99 rupees a share, also contributing to the index.

Dialog Axiata stock was active, closing flat at 9.10 rupees. (Colombo/Apr10/2019)


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