CSE suffers third consecutive week of losses | Daily FT

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Daily Financial Times

The Colombo bourse yesterday marked its third consecutive week of losses and highest in recent times as investor sentiment tumbled on macro issues. The benchmark All Share Price Index (ASPI) closed the week 8.9% down and the active S&P SL20 ended with a sharper fall of 12.4%. Daily turnover averaged Rs. 2.9 billion. Yesterday both indices suffered decline of over 1% whilst turnover dropped to Rs. 2 billion involving 69.7 million shares. However, the market saw Rs. 174 million in net foreign inflow. Asia Securities said the indices remained in red territory as heavyweights extended their downwa…

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