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Wednesday May 12th, 2021

Sri Lanka stocks end 1.14-pct higher

ECONOMYNEXT – Sri Lanka stocks gained 1.14 per cent on Thursday, the ASPI was pushed up by index heavy LOLC Holdings, Browns Investment Plc and Vallibel One, a broker said.

Sri Lankan markets were closed on April 13 and 14 for Sinhala Tamil New Year.

The Colombo benchmark All Share Price Index gained 86.10 points to close at 7,644.38.

The S&P SL20 index of more liquid stocks gained 0.50 per cent or 15.21 points to close at 3,079.86.

“After almost 8 weeks, the market witnessed the highest number of trades surpassing 30,000,” FirstCapital Market Research said.

Turnover was 4.7 billion rupees with 110 stocks gaining and 68 falling.

LOLC Holdings gained 24.75 rupees to close at 357.25 rupees contributing most for ASPI’s gain, Browns Investment gained 30 cents to close at 6.50 rupees a share and Vallibel One gained 2.60 rupees to close at 61.10 rupees a share.

Expolanka Holdings gained 30 cents to close at 52.60 rupees a share.

Melstacorp Holdings closed 20 cents down at 51.10 rupees a share.

Hayleys Plc closed 2.80 rupees up at 84.20 rupees with key subsidiaries Dipped Products gaining 2.10 rupees to close at 60.80 rupees and Haycarb Plc gaining 5.25 rupees to close at 117.75 rupees.

John Keells Holdings closed 1.50 rupees down at 149.50 rupees a share.

The Kingsbury closed 10 cents down at 6.20 and Singer Sri Lanka closed 1.10 rupees up at 21.40 rupees.

LOLC Finance closed 20 cents up at 6.60 rupees.

Browns and Company gained 13.50 rupees to close at 195.50 rupees.

Commercial Bank of Ceylon closed flat at 87.00 rupees, Hatton National Bank closed 1.00 rupee down at 132.00 rupees.

DFCC Bank closed 20 cents up at 60.20 rupees while Nations Trust Bank closed 1.60 rupees up at 55.70 rupees.

Seylan Bank closed 50 cents up at 50.00 rupees and Pan Asia Banking Corporation closed 90 cents up at 17.00 rupees.

Housing Development Finance closed 90 cents up at 36.90 rupees and Central Finance Company closed 2.10 rupees up at 92.50 rupees.

Royal Ceramic Lanka closed 10.00 rupees up at 365.00 rupees, Lanka Walltiles gained 80 cents to close at 53.10 rupees while Lanka Tiles gained 1.80 rupees up at 51.50 rupees.

Bukit Darah closed flat at 303.00 rupees while Hemas Holdings closed 50 cents up at 86.60 rupees, Ceylon Grain Elevators closed 25 cents down up at 142.50 rupees and Distilleries Company closed 30 cents down at 20.60 rupees.

In the hotel sector Eden Hotel Lanka closed 30 cents up at 10.50 rupees, Aitken Spence Hotel Holdings closed 40 cents up at 32.30 rupees and John Keels Hotels closed 40 cents up at 9.90 rupees a share.

Access Engineering closed 60 cents up at 25.00 rupees.

Nestle Lanka closed 4.25 rupees down at 1,060.00 rupees and Aitken Spence Plc closed 70 cents up at 59.70 rupees.

Sri Lanka Telecom closed 30 up at 36.00 rupees, Dialog Axiata closed flat at 13.10 rupees and Richard Pieris and Company closed 10 cents up at 17.50 rupees.

Ceylon Tobacco Company closed 75 cents down at 989.25 rupees, Ceylon Cold stores closed flat at 600.00 rupees and Piramal Glass Ceylon closed flat at 11.20 rupees.

Watawala Plantation fell 10 cents to close at 52.60 rupees.

Namunukula Plantations closed 7.25 rupees down at 162.25 rupees.

Kegalle Plantation gained 3.90 rupees to close at 103.50 rupees a share while Agalawatte Plantation fell 30 cents to trade at 24.80 rupees and Elpitiya Plantation gained 40 cents to close at 41.30 rupees.

Mahaweli Coconut Plantation gained 1.40 rupees to trade at 31.40 rupees.

Capital Goods sector led the turnover for the session followed by the Food, Beverage and the Material sector making a joint contribution of 70 per cent. (Colombo/April 15/2021)


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