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Sri Lanka stocks end higher

ECONOMYNEXT – Sri Lanka stocks gained 1.07 percent at Wednesday’s closing on index heavy Expolanka Holdings, John Keells Holdings and HNB Finance Plc, Colombo Stock Exchange provisional data showed.

Colombo’s All Share Price Index gained 1.07 percent or 62.64 points to close at 5,905.91.

The S&P SL20 index of more liquid stocks gained 1.03 percent or 23.65 points to 2,318.04.

The market turnover was 3.5 billion rupees with 120 stocks gaining and 80 falling.

Expolanka Holdings contributed most to ASPI’s gain, closing 1.70 rupees up a share to trade at 24.00 rupees.

HNB Finance gained 1.80 rupees to trade at 11.20 rupees a share and John Keells Holdings gained 2.20 rupees to trade at 135.40 rupees a share also contributing to the ASPI gain.

Hatton National bank gained 40 cents to trade at 114.40 rupees, Commercial Bank of Ceylon gained 1.00 rupees to trade at 74.50 rupees a share, Sampath Bank gained 90 cents to trade at 122.00 rupees a share.

Melstacorp Plc gained 80 cents to close at 33.50 rupees a share while Softlogic Holdings fell 10 cents to trade at 10.20 rupees a share.

Hayleys Plc gained 4.10 rupees to trade at 335.20 rupees a share while Hemas Holdings fell 60 cents to trade at 70.40 rupees a share.

Ceylon Cold stores 23.50 rupees to close at 650.10 rupees a share, Ceylon Tobacco Company fell 8.90 rupees to close at 950.60 rupees a share while Nestle Lanka gained 37.00 rupees to close at 1,099.00 rupees a share.

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A 80.6 million rupees negotiated trading (crossing) was seen in John Keels Holdings at 132.50 rupees a share.

The transportation Industry index, which was the most active, gained 7.1 percent.

The materials industry index which was also active gained 2.2 percent. (Colombo/November 04/2020)

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