Sri Lanka stocks close 1.19 pct higher on Hatton National Bank, Telecom and Asian Hotels

ECONOMYNEXT – Sri Lanka stocks closed 1.19 percent higher on Monday’s closing on index heavy Hatton National Bank, Sri Lanka Telecom and Asian Hotels and Properties, Colombo Stock Exchange provisional data showed.

Colombo’s All Share Price Index gained 1.19 percent or 76.20 points to close at 6,473.76.

The S&P SL20 index of more liquid stocks gained 1.89 percent or 48.01 points to 2,582.75.

The market turnover was 3.3 billion rupees with 133 stocks gaining and 76 falling.

Hatton National Bank contributed most to ASPI’s gain, gaining 5.50 rupees a share to trade at 125.70 rupees a share.

Sri Lanka Telecom gained 1.10 rupees to trade at 33.70 rupees a share and Asian Hotels and Properties gained 4.20 rupees to trade at 41.50 rupees also contributing to the ASPI gain.

Commercial Bank gained 1.60 rupees to trade at 83.40 rupees a share, DFCC bank gained 90 cents a share to trade at 66.40 rupees a share and Sampath Bank gained 3.80 rupees to trade at 130.00 rupees a share.

Melstacorp fell 80 cents to trade at 40.10 rupees a share while Browns Investment gained 10 cents to trade at 2.80 rupees a share and C T Holdings also gained 2.10 rupees to trade at 166.00 rupees a share.

Nestle Lanka fell 7.00 rupees to trade at 1,155.80 rupees a share, Expolanka Holdings fell 50 cents to trade at 25.20 rupees a share while Ceylon Cold Stores gained 5.20 rupees to trade at 657.70 rupees a share.

Ceylon Tobacco Company gained 4.60 rupees to trade at 979.50 rupees a share, Bukit Darah plc gained 5.10 rupees to trade at 352.80 rupees a share while Softlogic Holdings fell 10 cents to trade at 11.40 rupees a share.

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John Keells Holdings gained 1.20 rupees to trade at 151.20 rupees a share, Cargills Ceylon gained 2.40 rupees to trade at 198.40 rupees a share and Hemas Holdings gained 1.10 rupees to trade at 87.00 rupees a share while Distilleries Company fell 20 cents to trade at 21.30 rupees a share.

Hayleys PLC fell 3.20 rupees to trade at 377.70 rupees a share while Dialog Axiata gained 20 cents to trade at 12.30 rupees a share.

Aitken Spence Plc gained 2.50 rupees to trade at 57.50 rupees a share while Richard Pieris and Company fell 10 cents to trade at 14.50 rupees a share.

The Bank Industry group index, which was the most active, gained 2.7 percent.
(Colombo/December 07/2020)

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