Sri Lanka stocks close down; ASPI drops 0.38-pct

EconomyNext reports that the Colombo Stock Exchange ended Friday, October 23, lower, with the ASPI down 29.15 points, or 0.15%, at 19,688. The same outlet reports that the S&P SL20 moved in the opposite direction, rising 8.70 points, or 0.15%, to 5,627.

EconomyNext reports that Distilleries Company, Sunshine Holdings, LOLC Holdings, Singer and Haycarb were among the positive contributors to the ASPI. It identifies Dialog Axiata, Panasian Power, Hayleys, Colombo Dockyard and Ceylon Cold Stores as leading negative contributors.

EconomyNext reports Friday market turnover at Rs. 825 million. Daily Mirror reports that the indices closed lower amid losses in Distilleries, Hatton National Bank and Dialog Axiata, and says turnover exceeded Rs. 1.1 billion.

In the preceding sessions, Daily Mirror reports that the market closed lower for a fourth consecutive session on October 22, with both benchmark indices weakening amid broad selling pressure. EconomyNext reports that the ASPI had opened lower that day, falling 19.75 points to 19,907.55, while the S&P SL20 opened higher. EconomyNext also reports a Wednesday opening in which the ASPI edged up 2.88 points to 19,986.66.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.