• Last Update 2024-07-01 18:34:00

Colombo shares end mixed on Tuesday amidst furore over another Chinese project

Business

  Colombo shares ended mixed amidst a lackluster trading session on Tuesday, with analysts saying that this slump is the 11th in a row for the S&P Index. This came amidst the government flashing red lights on another Chinese funded project, the Lotus Tower. The market started the weekly activities with negative results and today the benchmark ASI slightly inclined to 7,057 with an increase of 0.09 per cent while S&P SL 20 index declined by the same amount to end at 4,031.61. In the early trades the core index was in green territory with a marginal gain of 8 points at the beginning of the session but turned direction towards the end. The turnover closed at Rs. 2.4 billion.

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