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Real estate stocks gain from low interest rates as major land sales go through
The Island
|September 16, 2025
The CSE recorded a downward trend yesterday due to profit-takings in select stocks, market analysts said.
Low interest rates significantly benefited the real estate sector, for instance. Recently Home Lands executed a major land acquisition at Thunmulla, while last week Prime Lands acquired a major land stretch at Bambalapitiya Station Road to the tune of Rs 3.5 billion, analysts added.
However, due to profit takings both indices moved downwards. The All Share Price Index went down by 257.01 points, while the S and P SL20 declined by 73.66 points. Turnover stood at Rs 4.1 billion with eight crossings.
Cette histoire est tirée de l'édition September 16, 2025 de The Island.
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