Sri Lanka’s All Share index falls below 5,800 points

ECONOMYNEXT – Colombo’s All Share index fell below 5,800 points on Monday, closing 0.70 percent lower on selling interest in banking stocks and John Keells Holdings, provisional data showed.

The benchmark index fell 40.66 points to 5,774.37 at market close Monday, and the S&P SL20 of more liquid stocks fell 0.95 percent, down 27.86 points to 2,918.77, according to provisional stock exchange data.

Market turnover was 1.99 million rupees, up from 408.9 million last Friday, with 93 stocks declining and 31 gaining during the day.

Banking stocks Hatton National Bank (down 7.90 rupees to 200.10 rupees) and Sampath Bank (down 6.10 rupees to 218.90 rupees) contributed to the benchmark index decline.

Commercial Bank was down 1.50 rupees to 110.10 rupees and NDB Bank declined 3.10 rupees to 98.90 rupees.

John Keells Holdings closed 2.10 rupees lower at 126 rupees and Lion Brewery was down 30 rupees to 600 rupees.

Singer Sri Lanka gained 1.40 rupees to 31 rupees, with trades done during the day amounting to 1.67 billion rupees, accounting for 84 percent of market turnover. (COLOMBO, 15 October 2018)


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