ASPI closed at 6,679.84, up 23.72 points or 0.36 percent with gains in some index heavy stocks like John Keells holdings and Nestle Lanka, brokers said. Turnover was 826 million rupees. (May 13, 2016 03.00 p.m)
Asian stocks dropped as crude oil retreated and technology shares declined, media reports said. The MSCI Asia Pacific Index slipped 0.2 percent to 127.26. The Topix added 0.1 percent. South Korea’s Kospi index climbed 0.1 percent. Australia’s S&P/ASX 200 Index was little changed. New Zealand’s S&P/NZX 50 Index declined 0.1 percent. Markets in China and Hong Kong have yet to start trading. Apple fell to a 22-month low after a report fueled speculation iPhone sales continue to slump. (May 13, 2016 08.00 a.m)
In Oil – Brent crude LCOc1 settled up 1 percent at $48.08 per barrel. U.S. crude’s WTI CLc1 settled up 1 percent at $46.70. It hit a six-month high of $47.02 earlier. Oil prices have recovered some ground after touching 12-year lows earlier in 2016. (May 13, 2016 08.00 a.m)
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