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Stock market moves up for second consecutive day
May 14, 202002:54 PM
The Colombo Stock Exchange (CSE) closed trading for the day by moving up for second consecutive day.
The All Share Price Index (ASPI) had appreciated by 26.29 points (0.60%) to 4,393.54 at the closing of trading today.
However, the S&P SL20 dropped by 22.13 points (1.28%) to 1,707.02 at the closing. The daily turnover was recorded as 3.6 billion.
Sri Lankan stocks also rose on Wednesday, boosted by gains in financials and consumer stocks.
The benchmark stock index closed up 2.81% at 4367.25 yesterday, snapping a two-day losing streak.
Meanwhile the central bank had announced stimulus measures to bolster the tourism-dependant economy during the COVID-19 pandemic after markets closed.
