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Sampath Bank : Colombo stocks recover on Wednesday

05/13/2020 | 11:59pm

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 SandP 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)

© Pakistan Press International, source Asianet-Pakistan

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