Monday, March 14, 2016

Sri Lanka *market update* ASPI close down 0.7-pct

ASPI closed at 5,979.43, down 40.52 points or 0.67 percent with losses in index heavy stocks like John Keells Holdings, Hatton National Bnak and Dialog Axaita.    (Mar 14, 2016 4.00 p.m)

ASPI trading at 5,990.27, down 29.68 points or 0.49 percent with losses in John Keells Holdings and Dialog Axaita.    (Mar 14, 2016 11.30 a.m)

Asian shares were up Monday backed by gains on Wall Street and firmer crude oil prices and strong data from China, foreign media said. Asia-Pacific broadest index outside Japan, MSCI was up 0.4 percent, while Japan’s Nikkei was up 1.5 percent. China’s Shanghai was up 40.87 points and Hong Kong’s Hang Seng was up 165.69 points. The Bank of Japan’s two-day policy meeting begins on Monday with policymakers were set to discuss this week whether to exempt 90 billion US dollar in short-term funds from the BOJ’s newly imposed negative interest rate. The U.S. Federal Reserve and the Bank of England are also seen standing pat at their respective meetings later this week. Meanwhile, Chinese data released on Saturday showed few bright signs in key parts of the economy. (Mar 14, 2016 08.30 a.m)

 

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