Sri Lanka stocks close down, banks lead turnover

Sri Lanka’s Colombo Stock Exchange closed down on Monday, CSE data showed.

The All Share Price Index was down 0.23 percent, or 52.26 points, at 23,011.72.

The S&P SL20 was down 0.30 percent, or 19.22 points, at 6,300.02. 

Top positive contributors to the ASPI were Melstacorp (up 0.66 percent at Rs.190.00), Hemas Holdings (up 1.21 percent at Rs.33.40), Citizens Development Business Finance (up 3.49 percent at Rs.44.50), and Richard Pieris and Company (up 1.45 percent at Rs.35.10). 

Ceylinco Insurance (down 2.59 percent at Rs.3,200.00), Commercial Bank of Ceylon (down 0.83 percent at Rs.208.75), DFCC Bank (down 1.42 percent at Rs.139.00), and Colombo Dockyard (down 1.75 percent at Rs.140.75) were top negative contributors to ASPI.

Market turnover was 4.92 billion rupees. Banks led turnover with 3.04 billion rupees. 

Crossings were recorded in Ceylon Land & Equity (14 million shares), Sampath Bank (250,000 shares), John Keells Holdings (1 million shares), Seylan Bank (200,000 shares), and Digital Mobility Solutions Lanka (330,000 shares). 

Laugfs Power announced the commissioning and grid connection of its 2MW Mini Hydro Power Plant in Polpitiya, Ginigathhena on March 26.

Laugfs Power shares were up 1.72 percent at Rs.11.80.