Sri Lanka stocks close down 0.6-pct

Jun 03, 2015 (LBO) – Sri Lanka’s stocks closed down 0.64 percent for a third consecutive day with some retail investor activity in the market, brokers said.

The Colombo benchmark All Share Price Index (ASPI) closed 45.73 points lower at 7,220.29 down 0.64 percent.

The S&P SL20 closed 25.15 points lower at 3,961.02 down 0.62 percent.

Turnover was 958 million rupees with 55 stocks closing positive against 133 negative.

“Retail investor activity was seen in the market,” Lanka Securities said.

The ASPI was dragged down by Ceylon Cold Stores closing at 377.20 rupees, down 10.10 rupees.

Top contributor to turnover was and Commercial Bank closing at 161.00 rupees, down 1.80 rupees with a off the floor trade of 470,000 shares at 160.00 rupees.

Colonial Motors closed down at 142.90 rupees, down 10.50 rupees with the company recording a 204 percent drop in profit in accounts filed in the CSE today.

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