Sri Lankan shares near one month low

EconomyNext – Sri Lanka’s benchmark share index fell for the fifth successive session Friday, nearing a one month low, with foreign investors remaining net buyers, brokers said.

The All Share Price Index lost 18.7 points to close at 7,183.5, down 0.3 percent, while S&P SL 20 index, which tracks the top 20 largest and most liquid stocks, gained 4.2 points to close at 4,097.1, up 0.1 percent.

Turnover was 1,357 million rupees, close to its 12-month average, propped up by crossings or off-the-floor negotiated deals in Distilleries Company of Sri Lanka, John Keells Holdings and Nations Trust Bank.

Sampath Securities said the benchmark index swung between gains and losses during the day, reflecting investor uncertainty.

Foreign investors continued to remain as net buyers, with a net foreign inflow of 312 million rupees.

 

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