Shares end weaker; turnover slumps to near 5-month low

7 September 2018 09:56 am - 0     - {{hitsCtrl.values.hits}}

A A A

(Colombo) REUTERES: Sri Lankan shares ended weaker yesterday and turnover slumped to a near five-month low as investors stayed on the sidelines in the absence of fresh triggers.


The day’s turnover was Rs.119.5 million (US$740,397), the lowest since April 16 and about an eighth of this year’s daily average of Rs.800 million.
The Colombo stock index ended 0.13 percent weaker at 6,112.32.


“It’s a dull day. We saw some retail activities and it was a quiet day,” said Hussain Gani, Deputy CEO at Softlogic Stockbrokers.

 

Foreign investors sold a net Rs.10.1 million of shares yesterday, extending the net outflow so far this year to Rs.4.3 billion worth of shares.


Ceylon Cold Stores PLC shares fell 3.6 percent, while Dialog Axiata PLC ended 0.8 percent lower.

 

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




What happened at Mahara: Conspiracy OR sudden unrest ?

A violent protest erupted in one of the country’s largest high security pri

No money, paddy or rice

As President Gotabaya Rajapaksa completes his first year in office, the Consu

COVID-19: We can’t prevent new outbreaks

Once again, emphatic declarations are being made that there are zero risks of

Gotabaya Govt’s pre-emptive strike against LTTE Maaveerar Naal

November 27th 1989 was the day on which the Liberation Tigers of Tamil Eelam

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.