Retailers started to take profit just one week ahead of the Presidential Election. ASI slipped 34.59 points to close at 3528.55 while more liquid Milanka index lost 25.26 points to end the day at 4074.02. Turnover was 1.72 billion rupees, boosted by controlling stake change in Lanka Ventures. 39.4 million Shares of Lanka Ventures changed hands & closed at seventeen rupees, up 25 cents.
Index heavy Sri Lanka Telecom closed 1.50 lower at Rs 41.50 while Aitken Spence Plc was down by 10.75 to close at Rs 1241.50. Distilleries Company of Sri Lanka Plc lost two rupees to close at Rs 117.50.
Banks Finance & Insurance sector also hit by selling pressure. Ceylinco Insurance Plc lost 15.00 rupees to close at Rs 215.00. Central Finance lost 10.25 to close at Rs 384.75. Sampath Bank was declined by 2.25 to close at Rs 215.50 while National Development Bank closed at Rs 205.00, down Rs 2.00.
MTD Walkers Plc was up by 103.50 to close at Rs 382.75. Haycarb gained by 6.25 to end the day at Rs 176.00.
There were 112 negative contributors & 44 positive contributors reported during the trading session. Foreigners were net sellers with Rs 138.9 million purchases & Rs 277 million sales.

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Filed under: Daily Stock Market Report • Stock Market Today.

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