Sri Lanka stocks end higher

ECONOMYNEXT – Sri Lanka stocks closed 0.10 percent higher at Thursday’s closing on index heavy C T Holdings, Buki Darah and Distilleries Company, Colombo Stock Exchange provisional data showed.

Colombo’s All Share Price Index gained 0.10 percent or 6.33 points to close at 6,148.12.

The S&P SL20 index of more liquid stocks gained 0.31 percent or 7.48 points to 2,423.66.

The main index started positive but fell to a daily low at 6,150.18 but picked up and continued to increase on volatile trading to close marginally high.

The market turnover was 1.9 billion rupees with 88 stocks gaining and 84 falling.

C T Holdings contributed most to ASPI’s gain, gaining 5.00 rupees a share to trade at 165.00 rupees.

Buki Darah gained 9.50 rupees to trade at 355.00 rupees a share and Distilleries Company gained 20 cents to trade at 20.70 rupees also contributing to the ASPI gain.

Hatton National bank gained 90 cents to trade at 114.40 rupees, Commercial Bank of Ceylon gained 20 cents to trade at 76.50 rupees a share and Sampath Bank gained 20 cents to trade at 124.50 rupees a share.

LOLC Holdings gained 1.30 rupees to trade at 130.80 rupees a share while Browns Investment fell 10 cents to trade at 2.40 rupees a share.

Sri Lanka Telecom fell 20 cents to trade at 32.30 rupees a share, Ceylon Cold Stores fell 7.20 rupees to trade at 650.00 rupees a share and Carson Cumberbatch closed flat at 264.90 rupees a share.





Ceylon Tobacco Company fell 1.20 rupees to close at 949.70 rupees a share, Expolanka Holdings plc fell 20 cents to trade at 25.20 rupees a share and Softlogic Holdings fell 20 cents to trade at 10.30 rupees a share.

John Keells Holdings closed flat at 147.40 rupees a share while Hemas Holdings gained 60 cents to trade at 82.50 rupees a share and Melstacorp Plc also gained 60 cents to trade at 39.10 rupees a share.

Hayleys PLC gained 1.10 rupees to trade at 384.60 rupees a share, Cargills Ceylon closed flat at 190.00 rupees a share and Dialog Axiata Plc closed flat at 11.80 rupees a share.

Aitken Spence Plc gained 10 cents to trade at 48.10 rupees a share while Richard Pieris and Company fell 10 cents to trade at 14.50 rupees a share.

The Materials Industry index, which was the most active, gained 0.5 percent.
(Colombo/November 26/2020)

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