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Sri Lanka stocks close 0.22-pct higher

ECONOMYNEXT- Sri Lanka’s stocks closed 0.22 percent higher on Tuesday, with Lion Brewery Ceylon, Distilleries company and Commercial leasing and finance Plc pushing market the up, provisional data showed.

The All Share Price Index (ASPI) at the Colombo stock exchange closed 8.13 points up at 5,322.61.

The main index closed at a high, after reaching a low of 5,306.69 towards the afternoon after experiencing volatility throughout the day.

The more liquid S&P SL20 Index closed 0.32 percent or 7.33 points up at 2,315.22.

The market turnover was 1.25 billion rupees, while 108 stocks gained and 52 fell.

Index-heavy Lions Brewery Ceylon contributed most to the ASPI gain, closing 12.80 rupees up at 555.30 rupees a share.

Distilleries Company closed 20 cents up at 15.40 rupees a share and Commercial Leasing and Finance closed 10 cents up at 3.30 rupees a share.

A 385 million rupee crossing (negotiated trade) was seen in John Keells Holdings at 133 rupees a share and the stock closed flat at 133 rupees a share.

Capital goods industry was the most active industry in the equity market today.

(Colombo/Sep 08/2020)

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