Profit-takings propel bourse's performance from stellar to lacklustre

The Colombo stock market yesterday ended with mixed reactions after having had a stellar performance, with both indices netting 7 percent growth, while the benchmark ASPI crossed the 18,000-points mark the previous day.

- BY HIRAN H.SENEWIRATNE

But yesterday indicated mixed reactions with profittakings, market analyst pointed out.

Amid those developments both indices showed mixed reactions. The All Share Price Index went down by 29.99 points, while the S and P SL20 index rose by 7.6 points. The turnover stood at Rs 7.6 billion with 13 crossings.

Those crossings were reported in LOLC Finance, which crossed 550 million shares to the tune of Rs 3.3 billion and its shares traded at Rs 6, LB Finance 700,000 shares crossed to the tune of Rs 88.7 million; its shares traded at Rs 127, Sampath Bank 650,000 shares crossed for Rs 81.9 million; its shares traded at Rs 120, Commercial Bank 400,000 shares crossed for Rs 63.6 million, its shares traded at Rs 159, Vallible One 500,000 shares crossed for Rs 42.6 million; its shares traded at Rs 85.