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Sri Lanka stocks close 0.22-pct higher amidst cyclone Ditwah

ECONOMYNEXT – The Colombo Stock Exchange closed 0.22 percent higher on Friday amidst an early market closure due to adverse weather conditions, brokers said. “We have been seeing a bit of downward trend these days, but today we saw a slight reversal in the market,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC said. Market ceased trading at 12.30 pm after 3 hours. “Today was a bit of a shorter day and not many traders were there in the market.” The broader All Share Price Index (ASPI) closed 50.73 points up at 22,712.82 while the more…

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