Sri Lanka stocks end higher
ECONOMYNEXT – Sri Lanka stocks gained 0.26 percent at Tuesday’s closing on index heavy John Keells Holdings, Ceylon Tobacco Company and Dialog Axiata, Colombo Stock Exchange provisional data showed.
Colombo’s All Share Price Index gained 0.26 percent or 15.59 points to close at 6,087.66.
The S&P SL20 index of more liquid stocks gained 0.63 percent or 15.02 points to 2,403.56.
The main index started at a daily low at 6078.43 and reached an intraday high of 6,099.95 during mid-day trading and continued on volatile trading to close marginally high.
The market turnover was 1.7 billion rupees with 100 stocks gaining and 76 falling.
John Keells Holdings contributed most to ASPI’s gain, gaining 3.00 rupees a share to trade at 145.00 rupees.
Ceylon Tobacco Company PLC gained 7.10 rupees to trade at 950.00 rupees a share and Dialog Axial gained 10 cents to trade at 11.70 rupees also contributing to the ASPI gain.
Hatton National bank gained 10 cents to trade at 113.60 rupees and Commercial Bank of Ceylon gained 10 cents to trade at 76.60 rupees a share while Sampath Bank fell 50 cents to trade at 124.20 rupees a share.
LOLC Holdings gained 80 cents to trade at 129.90 rupees a share while Browns Investment closed 10 cents down at 2.40 rupees a share.
Sri Lanka Telecom gained 10 cents to trade at 32.50 rupees a share, while Ceylon Cold Stores closed flat at 656.80 rupees a share and Carson Cumberbatch closed flat at 267.00 rupees a share.
Melstacorp Plc fell 90 cents to close at 36.00 rupees a share, Expolanka plc fell 90 cents to trade at 25.60 rupees a share while Softlogic Holdings fell 10 cents to trade at 10.70 rupees a share.
Distilleries Company closed flat at 20.10 rupees a share while Hemas Holdings fell 40 cents to trade at 81.60 rupees a share and C T Holdings also closed flat at 160.00 rupees a share.
Hayleys PLC gained 1.10 rupees to trade at 360.30 rupees a share and Cargills Ceylon fell 80 cents to trade at 190.00 rupees a share.
Aitken Spence Plc fell 30 cents to trade at 47.20 rupees a share and Richard Pieris and Company gained 10 cents to trade at 14.30 rupees a share.
A 43 million rupees of negotiated trading (crossings) at John Keells Holdings at 145.00 rupees per share.
The Materials Industry index, which was the most active, gained 1.5 percent.