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ASPI falls by 100 points 

28 Dec 2021

By Imsha Iqbal The All Share Price Index (ASPI) at the Colombo Stock Exchange (CSE) fell by 100.79 points yesterday (28). Accordingly, the ASPI closed at 11,907.70. The turnover was recorded as Rs. 5.67 billion, which is a drop of 0.84% compared to the previous day. The drop in ASPI was recorded due to the sharp drop of 24.79% of the share price of Senkadagala Finance Company PLC. In addition, the price per share dropped in Expolanka Holdings PLC, Commercial Leasing and Finance PLC, LOLC Finance PLC, and Vallibel One PLC during the trading. Thus, the drop of the price per share has collectively affected the behaviour of the stock market. Last Friday (24), the CSE crossed the mark of 12,000 for the first time in its history, marking a milestone while recording a market turnover of Rs. 8.4 billion. The ASPI closed at 12,070.68 points, up 119.45 points from the previous close. More than 175 million shares were traded overall within the day and the market turnover was recorded as Rs. 2.84 billion. Meanwhile, the S&P SL20 Index closed at 4,255.63 points last Friday, up by 0.14% from the previous day. Last Friday’s trading session carried on for 90 minutes and was closed at 12.30 p.m. due to the additional half-holiday declared by the CSE in view of Christmas.

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