Sri Lanka stocks close 0.8-pct higher

ECONOMYNEXT – Sri Lanka stocks closed 0.83 percent higher Wednesday with Browns Investments, Vallible one and Commercial Leasing and Finance, driving the index, provisional stock exchange data showed.

Colombo All share price Index gained 0.83 percent or 57.90 points to close at 7036.76.

The S&P SL 20 of more liquid stocks fell 0.16 percent or 4.45 points to close at 2,073.19.

The market turnover was 7.1 billion rupees with 112 stocks gaining and 94 falling.

Browns Investments contributed most to the ASPI gain, closing 60 cents up at 5.70 rupees a share.

Vallible One plc gained 2.10 rupees a share to close at 32.00 rupees and Commercial Leasing and Finance closed 30 cents up at 4.50 rupees.

In the banking sector Hatton National Bank gained 10 cents close at 129.50 rupees a share while Sampath bank fell 80 cents to close at 141.70 rupees, DFCC bank closed 90 cents down at 65.10 rupees a share and Commercial Bank of Ceylon closed 20 cents down at 83.00 rupees a share.

Eden Hotel Lanka fell 20 cents to close at 11.80 rupees a share, Sigiriya Village Hotel closed 50 cents down at 36.00 rupees and John Keells Hotels closed flat at 11.00 rupees a share while Aitken Spence Hotel Holdings gained 90 cents to close at 34.30 rupees a share.

Distilleries Company gained 20 cents to close at 21.50 rupees a share while Melstacorp fell 90 cents to 53.70 rupees.

John Keells Holdings fell 20 cents to close at 149.80 rupees a share while LOLC holdings gained 4.00 rupees to close at 146.70 rupees a share.

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ExpoLanka Holdings fell 50 cents to close at 31.50 rupees a share while Ceylon Cold Stores gained 80 cents to close at 706.70 rupees and Ceylon Tobacco Company gained 3.90 rupees to close at 1,120.50 rupees a share.

HayleysPlc gained 6.80 rupees to close at 426.00 rupees a share and Softlogic holdings gained 1.00 rupee to close at 13.40 rupees a share.

Nestle Lanka gained 12.60 rupees to close at 1,343.70 rupees a share, Dialog Axiata gained 20 cents to close at 12.70 rupees a share while Carson Cumberbatch closed 1.40 rupees down at 283.50 rupees a share.

The Food, Beverage and Tobacco Industry was the most active, gained 1.2 percent (Colombo/ Jan 6/2021)

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