Sri Lanka stocks drop 1.13-pct as Dockyard downtrend continues

ECONOMYNEXT – Continued downward sentiment surrounding Colombo Dockyard shares dragged the Colombo Stock Exchange (CSE) All Share Price Index (ASPI) by 68.27 points to end 1.13 percent lower on Monday, brokers said. “Market was 250 points down, mostly on Dockyard shares,” Ranjan Ranatunga, Assistant Vice President – Research at First Capital said. The broader ASPI ended the session at 21,898.20, down by 250.89 points from Friday, while the more liquid S&P SL20 closed 0.70 percent, or 42.18 points lower at 6,014.36. Both the indices saw a gradual fall in the session. Low activity levels were seen in the market on…

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