Sri Lanka stocks end 2.73-pct higher
ECONOMYNEXT – Sri Lanka stocks closed 2.73 percent higher on Monday pushed by index heavy John Keells Holdings, LOLC Holdings and Expolanka Holdings, the Colombo Stock Exchange said.
Colombo’s All share price index gained 2.73 percent or 230.92 points to close at 8,694.35 breaking
the previous record of 8,463.43.
The S&P SL20 index of more liquid stocks gained 5.69 percent or 188.47 points to close at 3,500.82.
The market turnover was 14.9 billion rupees with 126 stocks gaining and 96 falling.
John Keells Holdings gained 13.00 rupees or 7.73 percent to close at 181.25 rupees a share, contributing most for the ASPI gain.
LOLC Holdings closed 30.00 percent or 8.54 rupees up at 381.25 rupees and Expolanka Holdings closed 12.34 percent or 6.80 rupees up at 61.90 rupees.
Hayleys Plc, gained 41.00 rupees to close at 793.00 rupees a share with key subsidiaries Dipped Products gaining 125.50 rupees to close at 686.75 rupees and Haycarb Plc gaining 177.25 rupees to close at 1,270.25 rupees.
Vallibel one closed flat at 54.60 rupees a share and the Kingsbury Plc another subsidiary of Hayleys group closed 50 cents down at 14.50 rupees.
Hatton National Bank closed 10.50 rupees up at 151.75 rupees, Commercial Bank of Ceylon gained 1.55
rupees to close at 100.75 rupees, DFCC Bank closed 5.70 rupees up at 79.70 rupees and Sampath
Bank closed 8.25 rupees up at 171.50 rupees.
Nations trust bank gained 80 cents to close at 67.00 rupees while Pan Asia Banking Corporation fell 90
cents to 17.10 rupees and Seylan Bank fell 10 cents to close at 63.40 rupees.
Central Finance Company gained 5.75 rupees to close at 107.00 rupees and Citizens Development Business Finance gained 50 cents to close at 129.75 rupees while LB Finance fell 2.25 rupees
to close at 231.00 rupees.
Carson Cumberbatch gained 23.75 rupees to close at 398.75 rupees and Browns investments close 10 cents up at 7.00 rupees a share while Access Engineering fell 60 cents to close at 30.40 rupees
In the hotel sector Eden Hotel Lanka closed 10 cents down at 13.00 rupees while Sigiriya Village hotel closed 2.90 rupees up at 38.90 rupees, Aitken Spence Hotel holdings gained 60 cents to close at 36.30 rupees and John Keels Hotels closed 10 cents up at 12.10 rupees a share.
Sri Lanka Telecom closed 10 cents up at 40.10 rupees and Melstacorp Plc closed 7.50 rupees up
at 73.40 rupees.
John Keells Holdings closed 13.00 rupees up at 181.25 rupees a share and Richard Pieris Company closed
50 cents up at 16.60 rupees.
Ceylon Tobacco Company gained 75 cents to close at 1,120.00 rupees while Distilleries Company fell 40 cents to close at 24.10 rupees and Ceylon Cold stores closed 1.75 rupees down at 725.00 rupees.
EB Creasy and Company fell 192.00 rupees to close at 6,001.00 rupees while Hemas Holdings closed 4.50
rupee up at 104.50 rupees.
Nestle Lanka closed 4.50 rupees down at 1,271.00 rupees while Dialog Axiata closed 20 cents up at
13.00 rupees and Aitken Spence Plc closed 4.50 rupees up at 74.60 rupees.
Lanka Ceramic closed 4.50 rupees up at 176.75 rupees and Royal Ceramic Lanka closed 14.75 rupees up at 303.25 rupees.
The Capital Goods Industry was the most active, gained four percent and Materials Industry which was also active gained 7.4 percent today. (Colombo/January 25/2021)