Sri Lanka stocks close 0.17-pct down on selling pressure

ECONOMYNEXT – The Colombo All Share Price Index (ASPI)  declined 0.17 percent on Friday due to selling pressure in the market, brokers said. “During the midday after the initial hike, selling pressure came into the market,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC said. “From 16th of September market has been going up except few downs. So we are now potentially starting to see selling pressure in the market.” The broader ASPI dropped 38.43 points to end at 22,812.52; while the more liquid S&P SL20 moved 0.04 percent, or 2.56 points to close up at…

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