Stock market slumps as ASPI drops by over 500 points

The All Share Price Index (ASPI) and the S&P SL20 of the Colombo Stock Exchange (CSE) have both dropped significantly at the close of trading today (05).

Accordingly, the ASPI has recorded a decline of 500.39 points (-2.95%) to close at 16,456.10 points.

This is the largest drop of the index within a single day since April 26, 2022.

Meanwhile, the S&P SL20 has dropped by 167.18 points (-3.30%) to close at 4,898.04 points.

The total turnover for the day was recorded as over Rs. 6.3 billion.

The post Stock market slumps as ASPI drops by over 500 points appeared first on Adaderana Biz English | Sri Lanka Business News.

Source From biz.adaderana
Author: Biz Editor
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