Sri Lanka stocks end higher

ECONOMYNEXT – Sri Lanka stocks closed 0.07 per cent higher on Thursday’s pushed by index heavy Expolanka Holdings, Nestle Lanka and C T Holdings, Colombo Stock Exchange provisional data showed.

Colombo’s All Share Price Index gained 0.78 per cent or 4.30 points to close at 6,609.39.

The S&P SL20 index of more liquid stocks fell 0.63 per cent or 16.53 points to 2,625.19.

The market turnover was 3.8 billion rupees with 84 stocks gaining and 109 falling.

Expolanka Holdings contributed most to ASPI’s gain, gaining 1.20 rupees a share to trade at 26.20 rupees a share.

Nestle Lanka gained 26.50 rupees to trade at 1,203.00 rupees a share and C T Holdings gained 5.70 rupees to trade at 170.00 rupees also contributing to the ASPI gain.

Hatton National Bank fell 2.40 rupees to trade at 131.30 rupees a share, Sampath Bank fell 1.70 rupees to trade at 137.70 rupees a share, Commercial Bank fell 30 cents to trade at 82.90 rupees a share and DFCC bank fell 1.30 rupees a share to trade at 66.20 rupees a share.

Melstacorp gained 20 cents to trade at 42.50 rupees a share while Sri Lanka Telecom gained 50 cents to trade at 34.40 rupees a share while LOLC Holdings fell 70 cents to trade at 141.40 rupees a share.

Brown and Company fell 2.00 rupees to trade at 89.80 rupees a share, Browns Investments Holdings fell 10 cents to trade at 3.60 rupees a share and Ceylon Cold Stores fell 9.00 rupees to trade at 660.00 rupees a share.

Ceylon Tobacco Company gained 2.30 rupees to trade at 997.10 rupees a share Softlogic Holdings gained 50 cents to trade at 13.20 rupees a share while Bukit Darah plc gained 4.20 rupees to trade at 350.00 rupees a share.





John Keells Holdings gained 80 cents to trade at 153.00 rupees a share while Cargills Ceylon fell 1.00 rupees to trade at 200.00 rupees a share and Hemas Holdings fell 30 cents to trade at 92.60 rupees a share and Distilleries Company closed flat at 21.00 rupees a share.

Hayleys PLC fell 80 cents to trade at 373.00 rupees a share and Dialog Axiata fell 10 cents to trade at 12.40 rupees a share.

Aitken Spence Plc fell 1.20 rupees to trade at 60.10 rupees a share while Richard Pieris and Company gained 30 cents to trade at 15.00 rupees a share.

The Food, Beverage and Tobacco industry which was the most active, gained 0.15 percent. (Colombo/December 10/2020)

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