Stock Market Down More

Sri Lanka's stock market down more than 100 points. Middle trading day of the week market down. All Share Price Index closed down 119.18 points (2.14 percent) at 5,442.25, while the more liquid Milanka index fell 84.20 points (1.75 percent) to close at 4,721.79. Total Turnover was 878 million Sri lankan rupees.

Total Heavy 
Index heavyweight John Keells Holdings fell 2.60 rupees to close at 164.90 rupees while Commercial Bank fell 60 cents to end at 101.40 rupees.


Environmental Resources Investments W0006 warrants were the second biggest loser of the day, ending at 8.50 rupees, down 1.60.


Environmental Resources Investments shares, the second most actively traded, closed at 24.10 rupees, down 2.50.
ERI has been under selling pressure after it delayed the conversion of some warrants whose trading has been suspended by the market regulator.

PC Pharma was another big loser, closing at 41.40 rupees, down 7.60 rupees.

Newly listed Asia Asset Finance was the most actively traded stock, closing at 5.10 rupees, down 60 cents with over 8.8 million shares changing hands.


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