CSE trading started with positive trend for the week but lost the momentum later in the day and closed lower. Index heavy weighted stocks fell sharply including Carsons Group. ASI lost  33.38 points to close at 5600.77 while MPI lost 35.24 points to close at 5861.87.  Total equity turnover stood at 1.74 billion rupees.

The Bukit Darah Plc lost 507.50 to close at Rs 6950.00 while Carsons Cumberbatch Plc fell 39.80 to close at Rs 723.60. Aitken Spence Plc was down by 44.20 to end the day at Rs 2544.30. Environmental Resources Investments Plc closed at  Rs 93.50, down 2.70.

There were 87 positive contributors & 95 negative contributors for the day. Central Finance Plc one of oldest Finance Company in Sri Lanka was up by 58.30 to close at Rs 642.10. Lanka Orix Leasing Company gained 13.90 to close at Rs 962.20. LB Finance closed at Rs 165.40, up 12.20. Elpitya Plantations Plc announced a sub division of shares and closed 3.80 higher at Rs 42.10.

Foreigners were net buyers with Rs 119.45 million purchases and Rs 104.59 in sales. There will be a consolidation or minor correction during this week.

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Filed under: Colombo Stock Exchange • daily

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