Starting day of the week The main All Share Price Index fell 92.95 points (1.47 percent) to 6,239.52, while the more liquid Milanka index fell 116.13 points (2.05 percent) to close at 5,535.74, according to stock exchange figures.
Turnover was 519 million Sri lanka rupees.
Stock brokers predict two think
- Over a business expropriation law passed last week
- Government budget have added to prevailing negative sentiment among investors,
HVA Foods was the most actively traded stock, closing at 41 rupees, down 2.00 rupees with 529,900 shares done.
Transactions in Asiri Surgical Hospital generated the biggest turnover with the stock closing flat at 7.90 rupees and over 5.19 million shares changing hands.
Dialog Axiata closed at 7.90 rupees, down 20 cents with 5.13 million shares traded.
John Keells Holdings closed at 188.20 rupees, down 4.40 rupees with 189,500 shares traded, accounting for the day's third highest turnover.
Lanka Securities said in a report that the overall sentiment was negative.
"Foreign participation was lower and it accounted for 7.0 percent of the total market activity. Foreign investors ended as net sellers with a net outflow of 29.4 million rupees."
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