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Typically less strong stocks drive the stock market amid profit takings
The Island
|August 29, 2025
The share trading activity at The Colombo Stock Exchange (CSE) yesterday indicated mixed reactions while the All Share Price Index was down a bit due to profit takings, especially in banking sector and JKH stocks, market analysists said.
Due to that speculated counters or fundamentally less strong stocks led the market, especially E B Creasy, Raigama Wayaba Saulterns and many other firms.
Amid those developments both indices moved downward. All Share Price Index up by 47 points while S and P SL20 down by 0.9 points.
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