Stock prices at the Colombo Stock Exchange (CSE), after two days in the doldrums, a hasty closure and a circuit breaker later, recovered on Wednesday.
The market operated from 11 am till 1 pm on shortened hours as was declared by the CSE since Monday but performed well on Wednesday with the All Share Price Index up by 2.81 per cent to close at 4,365.25 while the S&P Index was up by 2.74 per cent to 1,731.66 on Rs.978.4 million turnover.
The market was driven mainly by Sampath Bank and retail stocks such as Access Engineering and Textured Jersey. Blue chip, John Keels Holdings came down 3 per cent to close at Rs.90.40 while Commercial Bank was flat at closing at Rs.55. (DEC)
You can share this post!
Content
Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.
Leave Comments