Sri Lanka stocks close 1.04-pct up, back at pre-Easter attack level

ECONOMYNEXT – Sri Lanka stocks closed 1.04 percent higher on Wednesday, with the market recovering to the pre-Easter Sunday suicide attacks level, brokers said.

Colombo’s All Share Price index (ASPI) closed 58.29 points up at 5,645.65.

The S&P SL20 index of more liquid stocks closed 2.31 percent or 61.15 points up at 2,704.17.

Index-wise the market hit the level that it was operating on before the Easter Sunday attacks, reaching a three-month high from 04 April 2019, brokers said.

The market turnover 738 million rupees with 125 stocks gaining and 35 stocks declining.

There were two crossings seen in Commercial Bank of Ceylon stocks amounting to 57 million rupees.

Retail activity was mainly centered on Access Engineering (746 trades) and Dialog Axiata (431 trades).

Dialog Axiata closed 60 cents up at 10.70 rupees a share contributing most to the gain of the ASPI.

John Keells Holdings closed 2.50 rupees up at 148.10 rupees a share and Commercial Bank of Ceylon closed 2.90 rupees up at 97.10 rupees a share, also pushing the ASPI up.
(COLOMBO, 17 July, 2019)





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