Subscribe

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

2018-09-07 09:56:36
0
469

(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.

 


  Comments - 0

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.
Name is required

Email is required
Comment cannot be empty

Uber Eats launches insurance program for delivery partners in Sri Lanka

Friday, 15 February 2019 12:35
0
661

Uber Eats, announced a comprehensive insurance programme for delivery partners in Sri Lanka. Launche


British Council partners with GoSL on career guidance in schools

Friday, 15 February 2019 12:17
0
392

The British Council of Sri Lanka announced this week that it continues to strengthen its longstandin


OPPO celebrates Valentine’s Day with fans

Friday, 15 February 2019 11:36
0
412

OPPOSri Lanka celebrated this Valentine’s Day with an exciting promotion on Social media where


More News