Shares recover

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The Colombo Stock Exchange posted gains on Thursday (18), recovering slightly from its previous loses as the benchmark index gained on a modest turnover with continued foreign entry into the Colombo Bourse.

The benchmark All Share Price Index (ASPI), which started the day at 8,907.35 points, gained 0.04 per cent (3.22 points) to close at 8,910.57 points.

The S&P SL20 index representing the top 20 traded shares at the Colombo Stock Exchange, which started at 2,947.00 points, gained 0.52 per cent (15.33 points) to close at 2,962.33 points.

The daily turnover at the Colombo Stock Exchange on Thursday (18) stood at Rs 2.7 billion, lower than Rs 3.7 billion a year ago.

The Colombo Bourse witnessed a foreign inflow worth Rs 83 million as foreigners purchased shares worth Rs 147 million, as against sales worth Rs 64 million.

More than 115.6 million shares changed hands on Thursday (18) during 28,898 trades that took place.

Shares of more than 257 companies were traded during the day, of which 115 emerged as winners ahead of 92 losers.

By Mario Andree