Sri Lanka stocks end 0.41-pct higher
ECONOMYNEXT – Sri Lanka stocks gained 0.41 percent Wednesday helped by index heavy LOLC Holdings, Melstacorp Plc and Hatton National Bank, while some plantations stock continued to be sold down, brokers said.
The Colombo benchmark All Share Price Index gained 29.99 points to close at 7,310.26.
The S&P SL20 index of more liquid stocks gained 0.69 percent or 20.33 points to close at 2,954.81.
Turnover was 5.1 billion rupees with 78 stocks gaining and 83 falling.
LOLC Holdings gained 6.25 rupees to close at 304.50 rupees contributing most for the gain of ASPI and LOLC Finance closed 10 cents up at 6.00 rupees.
Browns Investment closed flat at 5.60 and Browns and Company gained 5.25 rupees to close at 165.00 rupees.
Hayleys Plc closed 80 cents down at 73.20 rupees with key subsidiaries Dipped Products gaining 1.80 rupees to close at 55.20 rupees and Haycarb Plc gaining 75 cents to close at 110.25 rupees.
John Keells Holdings closed 75 cents down at 149.00 rupees a share while Vallibel One gained 1.20 to close at 54.20 rupees.
The Kingsbury closed 20 cents up at 6.00 and Singer Sri Lanka closed flat at 17.50 rupees.
Melstacorp Holdings closed 1.50 rupees up at 48.50 rupees a share and Expolanka holdings gained 30 cents to close at 47.40 rupees.
Commercial Bank of Ceylon closed 10 cents down at 85.60 rupees, Hatton National Bank closed 4.00 rupees up at 130.25 rupees.
DFCC Bank closed 10 cents up at 59.50 rupees, and Nations Trust Bank closed 90 cents down at 54.30 rupees.
Seylan Bank closed 10 cents up at 49.90 rupees and Pan Asia Banking Corporation closed 30 cents up at 14.60 rupees.
Housing Development Finance closed 70 cents down at 34.00 rupees while Central Finance Company closed 2.50 rupees up at 83.70 rupees.
Royal Ceramic Lanka closed 14.00 rupees up at 315.75 rupees, Lanka Walltiles gained 60 cents to close at 48.80 rupees while Lanka tiles fell 60 cents down at 46.40 rupees.
Bukit Darah closed 5.50 rupees down at 307.25 rupees, Hemas Holdings closed 40 cents down at 83.30 rupees, Ceylon Grain Elevators closed 5.00 rupees down at 127.00 rupees and Distilleries Company closed 30 cents down at 20.20 rupees.
In the hotel sector Eden Hotel Lanka closed 10 cents down at 09.90 rupees while Aitken Spence Hotel holdings closed 1.20 rupees up at 31.90 rupees and John Keels Hotels closed 20 cents up at 9.70.
Carson Cumberbatch closed flat at 275.00 rupees and Access Engineering closed 40 cents down at 23.60 rupees.
Nestle Lanka closed 2.00 rupees up at 1,050.50 rupees while Aitken Spence Plc closed 2.30 rupees up at 57.60 rupees.
Sri Lanka Telecom closed 50 cents down at 34.50 rupees, Dialog Axiata closed flat at 12.90 rupees and Richard Pieris and Company closed 70 cents up at 17.80 rupees.
Ceylon Tobacco Company closed 1.50 rupees up at 982.50 rupees, Ceylon Cold stores closed flat at 618.00 rupees and Piramal Glass Ceylon closed flat at 11.20 rupees.
Watawala Plantation gained 50 cents up at 53.50 rupees.
Namunukula Plantations plunged to 159.50 rupees falling 6.50 rupees.
Kegalle Plantation fell 1.40 rupees to close at 95.10 rupees a share and Agalawatte Plantation fell 30 cents to trade at 26.90 rupees while Elpitiya Plantation gained 30 cents to close at 43.00 rupees.
Mahaweli Coconut Plantation fell 2.30 rupees to trade at 30.20 rupees.
The Materials Industry was the most active, gained 0.6 percent today. (Colombo/April 07/2021)