Sri Lanka stocks down 5.4-pct over week

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed down on Friday, with the ASPI sliding 5.4 percent from last week when Cyclone Ditwah hit. Investor sentiment was low, and selling pressure was seen in a volatile market, brokers said. The All Share Price Index (ASPI) slid 1.51 percent from previous close, or 329.51 to 21,497.08; while the more liquid S&P SL20 closed 1.74 percent, or 105.03 points lower, at 5,925.63. “A bit of selling pressure is continuing broadly in line with what we anticipated,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC told EconomyNext. Mathew said…

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