Stocks fall as market opens for trading on Tuesday.

Colombo stocks fell nearly one percent as the market opened for trading on Tuesday. Colombo stocks fell nearly one percent as the market opened for trading on Tuesday.

Analysts were expecting the market to take a hit, after hotel firms, which led a recent rally, were devastated by Sunday’s tidal wave.

However resorts north of Colombo, and hotel properties in Colombo and some resorts just south of Colombo are overflowing with tourists.

-LBO Newsdesk: LBOEmail@vanguardlanka.com