Today also Sri Lanka's stocks extended losses, All Share Index fell 69.42 points to 6,022.88 nearing a psychological 6,000 points, The Milanka Index of liquid stocks fell 124.04 points to 5,272.9 points. Total Turnover was only 590 million rupees.
New Budget expectation effect in Motor mobile sector as Car Taxes rate to be increase leads - Diesel and Motor Engineering fell 8.90 rupees to 1,252 Per Share
- United Motors fell 2.00 rupees to 144.10 Shares
- Sathosa Motors was fixed at 222.50 rupees.
A day earlier, the Supreme Court refused to hear four cases related to the expropriation of an unlisted company.
Trading in two listed companies, Pelwatte Sugar and Hotel Developers were suspended after being expropriated.
Distilleries Corporation of Sri Lanka fell 90 cents to 149.70 despite reporting profit growth of 44 percent. Aitken Spence fell 4.90 to 120.00 rupees.
Hatton National Bank fell 12.20 rupees to 167.80, Commercial Bank fell 2.10 rupees to 100.00.
Index heavy Dialog Axiata closed 20 cents down at 7.60 rupees after initially opening 30 cents higher.
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