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Article: STOCKS - SRI LANKAN SHARES CLOSE DOWN 0.16% - SEPT 1, 2009.
- Article from:
- AsiaPulse News
- Article date:
- September 2, 2009
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COLOMBO, Sept 1 Asia Pulse - Sri Lankan shares closed down Monday owing to profit taking from last week's gains, while investors bet heavily on market speculation of a possible takeover of The Finance Company by Merchant Bank of Sri Lanka, brokers said.
The benchmark Colombo All Share Price Index (ASPI) fell 0.16 percent (4.28 points) to close at 2,603.37 while the Milanka index of liquid stocks gained 0.39 percent (11.47 points) to close at 2,964.21, according to provisional stock exchange data.
Turnover was 855.4 million rupees.
On Tuesday there were net foreign outflows worth 16.8 million rupees, with foreign investors buying 146.5 million ...