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Grim drop in share market

 

Colombo share market has come down by 17.2% since the beginning of this year. Accordingly, the All Share Price Index that was reported as 6074.4 at the beginning of 2012 dropped to 5027.4 by 22nd August.

Meanwhile Milanka index that was 5229.2 at the beginning of the year dropped to 4693.9 on 22nd August.

Economists point out breaking down of eh share market so rapidly is a threat to the economy of the country.

 

Comments  

 
0 #1 2012-08-25 16:39
What happen? not so long-ago Colombo share market was the worlds second best preformed share market behind Mongolia.
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