Sri Lanka stocks closed lower, ending five-day rally

Sri Lanka stocks closed lower on Wednesday (20), ending a five-day rally amid profit taking. The All Share Price Index (ASPI) decreased by 45.81 points or 0.97% to close at 4,655.22. The S&P SL20 Index of more liquid stocks went up by 0.93 percent or 17.49 points to 1,904.14. Market turnover was recorded at Rs.1.51 billion. Foreign purchases amounted to Rs.129.11 million and foreign sales accounted to Rs.776 million. Shares of Commercial Bank of Ceylon, Browns Investments, John Keells Holdings, Sampath Bank and Hemas Holdings positively contributed to the index. Whilst, Ceylon Tobacco Company, Dialog Axiata, Melstacorp, Bukit Darah and Sri Lanka negatively contributed to the ASPI.

The post Sri Lanka stocks closed lower, ending five-day rally appeared first on Adaderana Biz English | Sri Lanka Business News.

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