ECONOMYNEXT – The Colombo Stock Exchange continued its sliding trend and closed down on Wednesday, data on its site showed.
The All Share Price Index was down 0.62 percent, or 65.59 points, at 10,480.
The S&P SL20 index was down 0.74 percent, or 22.33 points, at 2,976.
Turnover was at 802 million.
Sectors that saw higher investor interest were the insurance industry (307mn), followed by the diversified financials industry (108mn).
Capital Alliance Plc saw the most active trading volumes of the day and closed down at 49.50.
Top positive contributors to the ASPI included Asiri Hospital Holdings Plc (up at 25.90), Central Finance Company Plc (up at 98.50), and The Lanka Hospitals Corporation Plc (up at 122.75).
Investors continued to avoid banking sector shares and several top bank shares saw selling pressure: Heavy-weights Commercial Bank of Ceylon Plc (down at 90.00), Hatton National Bank Plc (down at 161.25), and Sampath Bank Plc (down at 68.00)
Dollar-earning bluechips Expolanka Holdings Plc (down at 137.75) and John Keells Holdings Plc (down at 185.00) also saw a lack of investor interest.
There was a net foreign outflow of 332 million registered in the day. (Colombo/Jan17/2024).