Sri Lanka stocks end higher

ECONOMYNEXT – Sri Lanka stocks closed 0.78 percent higher on Wednesday’s pushed by index heavy Browns Investment, Browns and Company Plc and LOLC Holdings, Colombo Stock Exchange provisional data showed.

Colombo’s All Share Price Index gained 0.78 percent or 51.02 points to close at 6,615.02.

The S&P SL20 index of more liquid stocks gained 0.14 percent or 3.74 points to 2,646.24.

The market turnover was 5.2 billion rupees with 92 stocks gaining and 112 falling.

Browns Investments contributed most to ASPI’s gain, gaining 70 cents a share to trade at 3.70 rupees a share.

Browns and Company gained 12.70 rupees to trade at 91.80 rupees a share and LOLC Holdings gained 4.00 rupees to trade at 142.10 rupees also contributing to the ASPI gain.

Hatton National Bank gained 90 cents to trade at 133.70 rupees a share, Sampath Bank gained 30 Cents to trade at 139.40 rupees a share while Commercial Bank fell 1.30 rupees to trade at 83.20 rupees a share and DFCC bank 10 cents a share to trade at 67.50 rupees a share.

Melstacorp gained 1.50 rupees to trade at 42.30 rupees a share while Sri Lanka Telecom gained 30 cents to trade at 33.90 rupees a share while C T Holdings fell 70 cents to trade at 164.30 rupees a share.

Nestle Lanka gained 13.60 rupees to trade at 1,169.40 rupees a share, Expolanka Holdings gained 20 cents to trade at 25.40 rupees a share and Ceylon Cold Stores gained 2.40 rupees to trade at 660.10 rupees a share.

Ceylon Tobacco Company gained 7.10 rupees to trade at 1,176.50 rupees a share Softlogic Holdings gained 80 cents to trade at 12.70 rupees a share while Bukit Darah plc fell 4.10 rupees to trade at 345.80 rupees a share.





John Keells Holdings gained 20 cents to trade at 152.20 rupees a share, Cargills Ceylon gained 1.00 rupees to trade at 201.00 rupees a share and Hemas Holdings gained 2.90 rupees to trade at 92.90 rupees a share while Distilleries Company fell 10 cents to trade at 21.00 rupees a share.

Hayleys PLC fell 2.40 rupees to trade at 373.80 rupees a share and Dialog Axiata fell 10 cents to trade at 12.50 rupees a share.

Aitken Spence Plc gained 1.30 rupees to trade at 61.30 rupees a share while Richard Pieris and Company fell 30 cents to trade at 14.70 rupees a share.

The Food, Beverage and Tobacco industry which was the most active, gained 2.1 percent.

Capital Goods industry which was also active in today’s trading gained 1.7 percent.
(Colombo/December 09/2020)

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