Sri Lanka stocks end first-week of 2021 higher
ECONOMYNEXT – Sri Lanka stock market closed 0.31 percent higher on Friday drove by index heavy Expolanka Holdings, Distilleries and LOLC Finance, continuing the first week of 2021 on positive sentiment, Stock Exchange Provisional Data showed.
Colombo’s All share price index gained 0.31 percent or 21.69 points to close at 7,119.53.
The S&P SL20 index of more liquid stocks gained 0.57 percent or 15.28 points to close at 2,707.84.
The market turnover was 6.1 billion rupees with 63 stocks gaining and 121 falling.
Expolanka Holdings contributed most to the ASPI gain, closing 3.30 rupees up at 34.30 rupees a share.
LOLC Finance fell 50 cents to close at 129.00 rupees a share and Distilleries Company gained 1.40 rupees to close at 22.90 rupees a share also contributing to the ASPI.
In the banking sector, Hatton National Bank closed flat at 129.00 rupees while Sampath Bank closed 70 cents up at 142.00 rupees a share, Commercial Bank of Ceylon fell 30 cents to close at 82.40 rupees and DFCC Bank closed 20 cents down at 64.80 rupees.
In the hotel sector Eden Hotel Lanka closed flat at 11.00 rupees a share, Aitken Spence Hotel holdings fell 20 cents to close at 33.80 rupees, John Keels Hotels closed 10 cents down at 10.90 rupees a share and Sigiriya Village hotel closed flat at 36.90.
Sri Lanka Telecom closed 40 cents down at 36.50 rupees and Melstacorp Plc closed 10 cents down at 53.00 rupees a share and Browns Investments closed 30 cents down at 6.50 rupees a share.
John Keells Holdings closed 50 cents up at 149.00 rupees a share while Richard Pieris Company closed flat at 15.00 rupees.
Ceylon Tobacco Company fell 1.50 rupees to close at 1,131.50 rupees while Ceylon Cold stores closed 5.90 rupees down at 701.00 rupees a share.
Hayles Plc closed 1.15 rupees down at 416.75 rupees and Softlogic Holdings closed 50 cents down at 13.00 rupees.
Tokyo Cement Company fell 30 cents to close at 77.00 rupees while Piramal Glass Ceylon closed 10 cents down at 9.70 rupees a share.
Nestle Lanka closed 10.95 rupees down at 1,332.75 rupees and Dialog Axiata closed flat at 12.60 rupees.
Aitken Spence Plc closed 20 cents up at 57.90 rupees while Carson Cumberbatch closed 85 cents down at 283.75 rupees.
Dipped products fell 60 cents to close at 340.00 rupees a share while Haycarb gained 65 cents to close at 572.75 rupees.
Lanka Ceramic closed flat at 134.50 rupees a share while Royal Ceramic Lanka fell 50 cents to close at 194.50 rupees a share.
The Food, Beverage and Tobacco industry was the most active, gained 0.04 percent. (Colombo/January 08/2021)