Wednesday, February 24, 2016

Sri Lanka stocks down 0.2-pct

Feb 24, 2016 (LBO) – Sri Lankan stocks closed down at 0.18 percent with losses in some banking and finance sector stocks with low retail investor activity, brokers said.

The Colombo benchmark All Share Price Index (ASPI) closed 11.35 points down at 6,217.64 down 0.18 percent. The S&P SL20 closed 0.91 points down at 3,260.80 down 0.03 percent.

Turnover was 384 million rupees, down from 605 million rupees Tuesday with 50 stocks closing positive against 90 negative.

“It was a dull day with low retail investor activity and we expect a continued foreign outflow,” S C Securities said.

The main index showed losses in Commercial Leasing Company 3.50 rupees, down 0.30 rupees and Seylan Bank closing at 82.90 rupees, down 4.20 rupees.

Ceylon Tobacco Company closed flat at 1000.00 rupees one off floor trade of 46,800 shares traded at 1,000.00 rupees.

 

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