ECONOMYNEXT – Sri Lanka’s Colombo Inventory Alternate slid 1.22 p.c because the Israel-Iran struggle intensified, brokers stated.
“Market was on a little bit of a battle at present because of the Israel-Iran struggle happening for the sixth consecutive day,” Dimantha Mathew, Chief Analysis and Technique Officer at First Capital Holdings PLC advised EconomyNext.
“There’s shopping for curiosity, however some quantity of worrying might be seen out there.”
The ASPI fell 210.51 factors to shut at 17,071.44; whereas the S&P SL20 dropped 1.11 p.c, or 57.43 factors, to five,094.31.
“Shopper, development, banks and diversified financials have been most affected,” Mathew stated.
The ASPI was weighed down by Hayleys, which ended 5.25 rupees weaker at 159.25; C T Holdings, which declined 20.00 rupees to 430.00; Sampath Financial institution which ended 1.75 rupees weaker at 120.00; DFCC Financial institution which declined 3.25 rupees to 110.00; and HNB, which fell 4.00 rupees to shut at 317.50.
“Turnover ranges are barely coming down.”
Turnover fell to three.8 billion rupees from 6.8 billion rupees within the earlier session, whereas the share quantity fell to 181,239,883.
Regional fairness markets noticed combined sentiments after US president Donald Trump stated “everybody ought to instantly evacuate Tehran!,” on his social media platform on Wednesday.
India’s Nifty 50 index dropped 0.17 p.c to 24,812.05 and BSE Sensex fell 0.17 p.c to 81,444.66 on Wednesday, whereas Pakistan’s KSE 100 index was buying and selling 1.27 p.c decrease at 120,427.57.
Japan’s Nikkei 225 climbed for the third consecutive day ending at a four-month excessive helped by a weaker yen in opposition to the US greenback “amid fears of the Israel-Iran battle escalating and rises in game-related points together with Nintendo,” Japan’s The Mainichi newspaper stated.
Some international fairness markets feared US involvement within the Center East struggle. Nevertheless, UK shares climbed greater because the nation’s inflation slowed to three.4 p.c in Might amid an easing of transport prices. The FTSE 100 index rose 3.86 p.c to 8839.39.
As at 4.05 pm Sri Lankan time, spot gold was buying and selling at 3,395.55 US {dollars}, up 0.39 US {dollars}. (Colombo/Jun18/2025)
