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Sri Lanka stocks close down as selling pressure weighs in

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed down on Thursday, as profit taking took place, brokers said. Both indices fell steadily since open, data on its site showed. The ASPI was down 0.82 percent, or 193.61 point’s at 23,466.09; and the S&P SL20 was down 1.46 percent, or 95.56 points, at 6,462.04 according to provisional data. “We saw some profit taking, not sure whether it will last,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC said. “Market is trading at a bit of a premium, we are seeing more rises, higher, so on and off…

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