Sri Lanka’s Commercial Bank liquidates money transfer unit in Italy

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

The broader All Share Index closed down 0.33 percent, or 35.92 points, at 10,801; while the more liquid S&P SL20 Index closed down 0.32 percent, or 9.75 points, at 3,035.

Turnover was 1.4 billion.

Top turnover generators were Hemas Holdings (down at 70.10), Dialog Axiata (down at 8.50), Hatton National Bank (up at 164.75), John Keells Holdings (down at 166.25), and Commercial Bank (flat at 86.00).

There were crossings on all five of these companies.

Selling pressure continued, market participants said. “Most investors are still considering being in cash,” Softlogic Stockbrokers said.

There was net foreign inflow of 11.39 million.

Foreign buying was seen in HNB Assurance (up at 59.70), Dialog, JAT Holdings (down at 16.00), Renuka Cuty Hotels (flat at 370.00), Vallibel Finance (down at 36.50) and John Keells Holdings.

Foreign selling was seen in Chevron Lubricants Lanka Plc (down at 116.00), Commercial Bank, Softlogic Holdings (flat at 7.00), C W Mackie (flat at 90.00), LOLC Holdings (down at 370.25), and Agarapatana Plantations (down at 7.00). (Colombo/Sep5/2024)

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