Header Ad

Sri Lanka stocks end 0.87-pct higher

ECONOMYNEXT – Sri Lanka stocks gained 0.87 percent on Tuesday continuing the momentum with index heavy Hayleys Plc, Vallibel One and Royal Ceramic Lanka pushing ASPI up, a broker said.

The Colombo benchmark All Share Price Index gained 62.44 points to close at 7,280.27.

The S&P SL20 index of more liquid stocks gained 2.41 percent or 69.35 points to close at 2,943.65.

Turnover was 2.4 billion rupees with 106 stocks gaining and 63 falling.

Hayleys Plc closed 6.60 rupees 9.79 percent up at 74.00 rupees contributing most for the gain of ASPI with key subsidiaries Dipped Products gaining 4.10 rupees to close at 53.40 rupees and Haycarb Plc gaining 6.00 rupees to close at 109.50 rupees.

John Keells Holdings closed 25 cents down at 149.75 rupees a share while Vallibel One gained 3.10 to close at 53.00 rupees.

The Kingsbury closed 10 cents up at 6.20 and Singer Sri Lanka closed 40 cents up at 17.50 rupees.

Browns Investment closed 10 cents down at 5.60 and Browns and Company fell 3.25 rupees to close at 159.75 rupees.

LOLC Holdings gained 75 cents to close at 298.25 rupees and LOLC Finance closed flat at 5.90 rupees.

Expolanka holdings gained 90 cents to close at 47.10 rupees and Melstacorp Holdings closed 2.20 rupees up at 47.00 rupees a share.

Advertisement

 

 

 

Commercial Bank of Ceylon closed 1.00 rupee up at 85.70 rupees, Hatton National Bank closed 2.75 rupees up at 126.25 rupees.

DFCC Bank closed 20 cents down at 59.40 rupees, and Nations Trust Bank closed 70 cents up at 55.20 rupees.

Seylan Bank closed 1.20 rupees up at 49.80 rupees and Pan Asia Banking Corporation closed 10 cents up at 14.30 rupees.

Housing Development Finance closed 20 cents at 34.70 rupees while Central Finance Company closed 1.10 rupees down at 81.20 rupees.

Royal Ceramic Lanka closed 23.50 rupees or 8.45 percent up at 301.75 rupees, Lanka tiles gained 3.20 rupees up at 47.00 rupees and Lanka Walltiles gained 4.20 to close at 48.20 rupees.

Bukit Darah closed 17.00 rupees down at 312.75 rupees, Hemas Holdings closed 90 cents up at 83.70 rupees, Ceylon Grain Elevators closed 8.75 rupees up at 132.00 rupees and Distilleries Company closed 30 cents up at 20.50 rupees.

In the hotel sector Eden Hotel Lanka closed 20 cents down at 10.00 rupees while Aitken Spence Hotel holdings closed 60 cents up at 30.70 rupees and John Keels Hotels closed flat at 9.50.

Carson Cumberbatch closed flat at 275.00 rupees and Access Engineering closed 50 cents up at 24.00 rupees.

Nestle Lanka closed 73.50 rupees down at 1,048.50 rupees while Aitken Spence Plc closed 20 cents up at 55.30 rupees.

Sri Lanka Telecom closed 1.30 rupees up at 35.00 rupees, Dialog Axiata closed 10 cents up at 12.90 rupees and Richard Pieris and Company closed 40 cents up at 17.10 rupees.

Ceylon Tobacco Company closed 7.50 rupees down at 981.00 rupees, Ceylon Cold stores closed flat at 622.00 rupees and Piramal Glass Ceylon closed flat at 11.20 rupees.

Sri Lanka’s plantations stocks plunged after President Gotabaya Rajapaksa said they would be required to uproot oil palm from the fields in stages and said imports of palm oil was banned from April 06, while coconut plantation soared.

Watawala Plantation fell 4.50 rupees down at 53.00 rupees.

Namunukula Plantations plunged 8.92 percent or down to 166.00 rupees falling 16.25 rupees.

Kegalle Plantation fell 4.97 percent or 4.90 rupees to close at 93.70 rupees a share, Elpitiya Plantation fell 1.40 rupees to 42.70 rupees and Agalawatte Plantation fell 80 cents to trade at 27.20 rupees.

Mahaweli Coconut Plantation gained 11.68 percent or 3.40 rupees to trade at 32.50 rupees.

The Materials Industry was the most active, gained 4.5 percent today. (Colombo/April 06/2021)

Latest Comments

Your email address will not be published. Required fields are marked *