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Sri Lanka stocks close 1.35-pct up

ECONOMYNEXT- Sri Lanka’s stocks ended 1.35 percent higher on Brown Investments, John Keells Holdings and LOLC holdings on Wednesday, provisional data showed.

Colombo’s All Share Price Index (ASPI) closed 71.11 points up at 5,351.03 on Wednsday.

The market opened on a positive note continued to increase, rising to a high of 5,357.01 at end of the day.

S&P SL20 Index of most liquid stocks closed today 1.68 percent or 39.15 points up at 2,370.29.

Market turnover was 3.8 billion rupees, while 119 stocks gained and 40 fell.

A 393 million rupee negotiated trade (crossing) was seen in John Keells Holdings at 131.00 rupees a share and the stock closed 4.50 rupees up at 134.10 rupees a share.

Another 526.2 million rupee crossing was seen in Access Engineering Plc at 21.60 rupees a share and the stock closed 1.60 rupees up at 22.10 rupees a share.

Two crossings amounted to 341 million rupees were seen Commercial Bank at 82.50 rupees a share and the stock closed 60 cents up at 83.10 rupees a share.

Capital goods industry sector contributed most to the ASPI gain.

The Browns investment plc share traded 50 cents up at 2.70 rupees a share contributing most to ASPI’s gain.





John Keells Holdings gained 4.50 rupees to 134.10 rupees a share while LOLC was up 10.00 rupees to 166.230 rupees a share, also pushing the market up.
(Colombo/Aug 19/2020)

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