Wednesday, 27 April 2022 13:28
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The Colombo stock market today closed on the up after tumultuous sessions in recent weeks.
The active S&PSL20 shot up by 13.5% and the benchmark All Share Price Index gained by over 5%. Turnover was Rs. 2.18 billion involving 14.4 million shares.
In the last two sessions the market lost Rs. 600 billion in value after dropping 10% each day.
Brokers said fresh buying of fundamentally sound stocks going at bargain price boosted the indices.