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The Invisible
The Invisible
Posts : 3116
Join date : 2016-11-28
Age : 44

Sri Lanka's All Share index falls below 5,800 points Empty Sri Lanka's All Share index falls below 5,800 points

Tue Oct 16, 2018 7:35 am
Message reputation : 100% (1 vote)
ECONOMYNEXT - Colombo's All Share index fell below 5,800 points on Monday, closing 0.70 percent lower on selling interest in banking stocks and John Keells Holdings, provisional data showed.

The benchmark index fell 40.66 points to 5,774.37 at market close Monday, and the S&P SL20 of more liquid stocks fell 0.95 percent, down 27.86 points to 2,918.77, according to provisional stock exchange data.

Market turnover was 1.99 million rupees, up from 408.9 million last Friday, with 93 stocks declining and 31 gaining during the day.

Banking stocks Hatton National Bank (down 7.90 rupees to 200.10 rupees) and Sampath Bank (down 6.10 rupees to 218.90 rupees) contributed to the benchmark index decline.

Commercial Bank was down 1.50 rupees to 110.10 rupees and NDB Bank declined 3.10 rupees to 98.90 rupees.

John Keells Holdings closed 2.10 rupees lower at 126 rupees and Lion Brewery was down 30 rupees to 600 rupees.

Singer Sri Lanka gained 1.40 rupees to 31 rupees, with trades done during the day amounting to 1.67 billion rupees, accounting for 84 percent of market turnover. (COLOMBO, 15 October 2018)
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serene
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Top contributor
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Sri Lanka's All Share index falls below 5,800 points Empty Re: Sri Lanka's All Share index falls below 5,800 points

Tue Oct 16, 2018 7:40 am
Thanks Invinsible.
Sell off of the JKH COMB HNB SAMP... most trusted institutions..
The Invisible
The Invisible
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Join date : 2016-11-28
Age : 44

Sri Lanka's All Share index falls below 5,800 points Empty Re: Sri Lanka's All Share index falls below 5,800 points

Tue Oct 16, 2018 7:43 am
This reflects the perception of the investors on equity market serene. When all the big boys are on offer on a plate @ pavement what can you think about the next direction?
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serene
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Top contributor
Posts : 4850
Join date : 2014-02-26

Sri Lanka's All Share index falls below 5,800 points Empty Re: Sri Lanka's All Share index falls below 5,800 points

Tue Oct 16, 2018 7:50 am
We want real investor in the cabinet.
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