ASPI closed at 6,568.76, down 14.73 points or 0.22 percent with losses in John Keells Holdings and Cargills Ceylon, brokers said. (May 26, 2016 04.00 p.m)
Asian stocks rose fueled a global equity rally, media reports said. The MSCI Asia Pacific Index climbed 0.7 percent to 127.62. Japan’s Nikkei rose 0.3 percent. Australia’s S&P/ASX 200 Index added 0.4 percent and New Zealand’s S&P/NZX 50 Index gained 0.3 percent. South Korea’s Kospi index also increased 0.3 percent. The Shanghai Composite Index fell 0.2 percent yesterday, the only major gauge in the region to decline.
Brent crude oil rose above USD50 a barrel for the first time in nearly seven months. Global benchmark Brent futures rose 34 cents or about 0.6 percent to as high as USD50.08 per barrel, the highest level since early November. U.S. West Texas Intermediate (WTI) hit USD49.88, a seven-month high.
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