Sri Lanka stocks close down as selling pressure continues

ECONOMYNEXT – The Colombo Stock Exchange closed down on Friday, data on its site showed.

The broader All Share Index closed down 0.36 percent, or 38.91 points, at 10,869; while the more liquid S&P SL20 Index closed down 0.38 percent, or 11.67 points, at 3,058.

Turnover was 759 million.

Top turnover generators were Renuka Agri Foods (up at 3.00), Sampath Bank Plc (up at 70.20), Hatton National Bank (down at 168.00), John Keells Holdings Plc (down at 169.25), and Commercial Bank of Ceylon Plc (down at 86.60).

Two crossings took place: on Renuka Agri Foods and Hatton National Bank.

There was a net foreign inflow of 0.37 million.

Foreign buying was seen in Ceylinco Holdings non-voting (flat at 925.00), Ambeon Capital (up at 12.00), John Keells Holdings, LB Finance (flat at 63.70), and Ceylon Grain Elevators (down at 160.00).

Foreign selling was seen in Dialog Axiata (down at 8.70), Hatton National Bank, Nations Trust Bank Plc (down at 110.00), LVL Energy Fund (down at 4.30). (Colombo/Aug30/2024)

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