Sri Lanka stocks end 1.42-pct higher for the second day
ECONOMYNEXT – Sri Lanka stocks gained 1.42 percent for the second day on Thursday with index heavy, Expolanka Holdings, Browns Investments and Commercial Bank pushing the ASPI up, Colombo Stock Exchange said.
Turnover was three billion rupees with 112 stocks gaining and 69 falling.
The Colombo benchmark All Share Price Index gained 104.48 points to close at 7,476.34.
The market reached an intraday high at 7,503.21 during mid-day trading.
The S&P SL20 index of more liquid stocks gained 2.33 percent or 67.63 points to close at 2,966.63.
Expolanka gained 5.50 rupees to close at 46.50 rupees contributing most for the ASPI gain and Melstacorp Holdings closed 2.00 rupees up at 50.10 rupees a share.
LOLC Holdings gained 7.50 rupees to close at 365.00 rupees.
LOLC Finance, gained 30 cents to close at 6.80 rupees, Browns and Company gained 5.50 rupees to close at 176.00 rupees and Browns Investment closed 40 cents up at 5.80 rupees.
Commercial Bank of Ceylon closed 3.80 rupees up at 88.80 rupees and Hatton National Bank closed 3.00 rupees up at 133.75 rupees.
DFCC Bank closed 80 cents up at 62.70 rupees, Sampath bank closed 1.75 up at 155.75 rupees and Nations trust bank gained 50 cents to close at 58.00 rupees.
Seylan Bank closed 40 cents down at 59.60 rupees while Pan Asia Banking Corporation gained 20 cents to close at 17.20 rupees.
Central Finance Company fell 30 cents to close at 90.30 rupees and Alliance Finance Company fell 80 cents to close at 50.00 rupees while Citizens Development Business Finance close 6.00 rupees up at 116.00 rupees.
Ceylinco Insurance closed 8.00 rupees up at 2,000.00 rupees, Housing Development Finance gained 90 cents to close at 38.90 rupees.
Vallibel One gained 2.30 rupees to close at 57.60 rupees and John Keells Holdings gained 25 cents to close at 152.25 rupees.
Hayleys Plc closed 70 cents up at 62.00 rupees with key subsidiaries Dipped Products gaining 20 cents to close at 50.30 rupees and Haycarb Plc gaining 50 cents to close at 102.75 rupees.
The Kingsbury Plc closed 60 cents up at 11.80 rupees while Singer Industries Ceylon closed flat at 94.50 rupees.
Ceylon Tobacco Company closed 10.50 rupees down at 1,050.00 rupees while Ceylon Cold stores closed 7.50 rupees up at 647.75 rupees and Piramal Glass Ceylon closed 10 cents up at 9.90 rupees.
Royal Ceramic Lanka closed 7.25 rupees up at 285.50 rupees, Lanka tiles gained 10.00 to close at 207.00 rupees, Lanka Walltiles closed 11.00 rupees up at 204.50 rupees.
Cargills Ceylon closed 8.25 rupees up at 238.50 rupees, Distilleries Company gained 40 cents to close at 21.10, Hemas Holdings closed 60 cents up at 81.00 rupees while Ceylon Grain Elevators fell 7.25 rupees to close at 127.75 rupees.
In the hotel sector Eden Hotel Lanka closed 10 cents up at 10.50 rupees also Sigiriya Village hotel closed flat at 32.00 rupees and John Keels Hotels closed 10 cents down at 10.40 while Aitken Spence Hotel holdings gained 70 cents to close at 29.70 rupees.
Carson Cumberbatch closed 15.75 rupees down at 264.75 rupees while Access Engineering gained 20 cents to close at 24.10 rupees.
Nestle Lanka closed 1.25 rupees down at 1,198.75 rupees and Aitken Spence Plc closed 60 cents down at 61.00 rupees.
Sri Lanka Telecom closed 50 cents up at 34.80 rupees while Richard Pieris and Company closed 20 cents down at 16.30 rupees and Dialog Axiata closed flat at 12.70 rupees.
The Banks Industry was the most active, gained 2.2 percent today. (Colombo/Feb 25/2021)