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Sri Lanka stocks end lower

ECONOMYNEXT – Sri Lanka stocks fell 0.09 per cent at Monday’s closing on index heavy Richard Pieris and Company, Sri Lanka Telecom and Ceylon Cold Stores, Colombo Stock Exchange provisional data showed.

Colombo’s All Share Price Index fell 5.50 points to close at 6,076.92.

The S&P SL20 index of more liquid stocks fell 0.47 per cent or 11.26 points to 2,390.11.

The market turnover was 1.3 billion rupees with 79 stocks gaining and 98 falling.

Richard Pieris and Company contributed most to ASPI’s fall, closing 90 cents down a share to trade at 15.00 rupees.

Sri Lanka Telecom fell 1.00 rupees to trade at 32.20 rupees a share and Ceylon Cold Stores fell 13.70 rupees to trade at 635.10 rupees a share also contributing to the ASPI fall.

Hatton National bank fell 1.30 rupees to trade at 114.20 rupees, Commercial Bank of Ceylon fell 90 cents to trade at 76.10 rupees a share while Sampath Bank fell 60 cents to trade at 124.40 rupees a share.

Melstacorp Plc gained 30 cents to close at 33.70 rupees a share, Expolanka plc gained 30 cents to trade at 26.00 rupees a share while Softlogic Holdings fell 10 cents to trade at 10.70 rupees a share.

John Keells Holdings fell 30 cents a share to trade at 140.90 rupees a share while Hemas Holdings gained 2.70 rupees to trade at 79.10 rupees a share.

Carson Cumberbatch gained 8.70 rupees to close at 273.80 rupees a share, Ceylon Tobacco Company fell 5.30 rupees to close at 960.00 rupees a share while Nestle Lanka closed flat at 1,116.00 rupees a share.

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C T Holdings closed 19.40 rupees up at 179.40 rupees a share arresting the ASPI fall.

Hemas Holdings Plc closed 2.70 rupees up to close at 79.10 rupees a share, Aitken Spence Plc gained 2.10 rupees to close at 46.10 rupees a share and Dialog Axiata gained 10 cents to close at 11.80 rupees a share.

The Capital goods industry index, which was the most active, fell 0.19 per cent.

The Materials Industry index which was also active fell 0.02 per cent. (Colombo/November 16/2020)

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