Rs. 140 billion will be lost In three days. Covid19 third wave impact on stock market in sri lanka. | 5% to SL Charity

Colombo Stock Exchange price indices fell sharply yesterday (27). The All Share Price Index was down 165.95 points, or 2.29%, compared to the previous trading session, while the S&P SL20 Index was down 77.11 points, or 2.68%.

The All Share Price Index closed at 7,066.70 and the S&P SL20 Index closed at 2,802.06. Turnover for the day was Rs. 1.94 billion.

This is the third consecutive fall in the stock market price index since April 21. Analysts say the stock market's response to Covid's first wave coverage during this period last year is somewhat similar to that of Kovid's stock market behavior in the current context of risks of a third wave.

The All Share Price Index stood at 7,433.44 points on April 21, 2021, down 366.74 points in the previous three days.

Meanwhile, on April 21, 2021, the Colombo Stock Exchange, the market capitalization value of Rs. 3,255.82 billion but as of yesterday it was Rs. 3,115.73 billion.

That is, in three days, Rs. 140.09 billion lost to the stock market.
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