The benchmark All Share Price Index (ASI) lost 40.48 points to close at 3724.59 while Milanka Index which is represents more liquid stocks lost more than 2 % to close at 4270.73. Turnover was 904.26 million rupees.
The sharp fall in Environmental Resources Investments Plc (GREG) was the main contributor for today’s market decline.    GREG ordinary shares closed 56.50 lower at Rs 102.50 while GREG – W0001 warrants lost 80.75 to end the day at Rs 63.00. Market heavy weight Dialog Telekom was down by 25 cents to close at Rs 6.75 while wire line telecom provider Sri Lanka Telecom Plc closed 75 cents lower at Rs 36.25. Sampath Bank was down by 6.25 to close at Rs 222.00.
Aitken Spence Plc the diversified Blue Chip was up by 48.75 to close at Rs 1373.75 while rarely traded Kalamazoo Systems Plc gained 95.50 to close at Rs 945.50. Nestle Lanka Plc closed at Rs 490.00, up 10.75.
There were 60 positive contributors & 69 losers during the day. Foreigners were net sellers with Rs 237.4 million in sales & Rs 181.3 million purchases.
Vallibel Finance IPO was closed today due to oversubscription. Vallibel Finance Limited issued 5.2 million shares at Rs 22/- per share to the public.

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Filed under: CSE Daily Stock Market Report • IPO

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