Colombo shares in slight recovery in early Monday trade

Business

The Colombo bourse started the week on a slightly higher note on Monday’s early trade in another trading session marked by thin trade as investors started collecting a mixed bag of shares, brokers said. They said that traders may opt to stay on the sidelines amid the developments in the political and economic fronts as the day dragged on. The main All Share Index recorded 0.26 per cent by 10 am to stand at 7,072.91with the S&P SL 20 index gaining by 0.24 per cent to 4,026.71 on a Rs. 49.4 million turnover. While the index has been like a merry-go-round, turnovers have been dismally as low as Rs. 300 million on one day last week compared to an average Rs.1 billion per day. – ENDS -

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