Stock market continuing to be weighed down by investor worries linked to macroeconomics

During the day the CSE witnessed profittakings in blue chip counters, especially banking sector ones, as most local and foreign investors remained cautious on account of current developments in the macroeconomic area, market analysts said.

- BY HIRAN H.SENEWIRATNE

Amid those developments both indices moved downwards. The All Share Price Index went down by 43.7 points, while the S and P SL20 declined by 14.80 points. Turnover stood at Rs 1.5 billion with five crossings. Those crossings were reported in Sampath Bank, which crossed 330,000 shares to the tune of Rs 37.7 million; its shares traded at Rs 114.25, Commercial Bank, 228,000 shares crossed for Rs 32.8 million; its shares traded at Rs 143.5, NDB 250,000 shares crossed for Rs 25.8 million; its shares sold at Rs 103.5, JKH 1 million shares crossed to the tune of Rs 21 million; its shares traded at Rs 21 and Pan Asian Bank 515,000 shares crossed for Rs 20 million; its shares sold at Rs 39.