Colombo equities slump further on Thursday

Business

Mar 26, 2015
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Colombo equities slumped further on Thursday despite the drop in T-Bill yields with analysts saying that a similar pattern will follow tomorrow as well. The core index, All Share declined to 6,922.83 with a drop of 0.72 per cent while S&P SL 20 index lost 0.83 per cent to close at 3,928.51. Today’s losses were mainly driven by high valued counters and retailers were on the sidelines, analysts said. Daily market turnover reached Rs 1.1 billion.