Sri Lanka stocks end higher
ECONOMYNEXT – Sri Lanka stocks closed 0.08 percent higher on Friday pushed by index heavy Melstacorp Plc, Hemas Holdings and E B Creasy & Company, Colombo Stock Exchange provisional data showed.
Colombo’s All Share Price Index gained 0.08 percent or 5.17 points to close at 6,614.56.
The S&P SL20 index of more liquid stocks fell 0.03 percent or 0.68 points to 2,627.81.
The market turnover was 2.9 billion rupees with 78 stocks gaining and 104 falling.
Melstacorp Plc, contributed most to ASPI’s gain, gaining 5.10 rupees a share to trade at 47.60 rupees a share.
Hemas Holdings gained 2.70 rupees to trade at 95.30 rupees a share and E B Creasy & Company gained 493.00 rupees to trade at 2,465.20 rupees also contributing to the ASPI gain.
Hatton National Bank fell 1.50 rupees to trade at 129.80 rupees a share, Sampath Bank fell 2.30 rupees to trade at 135.40 rupees a share while Commercial Bank gained 10 cents to trade at 83.00 rupees a share and DFCC bank closed flat at 66.20 rupees a share.
Expolanka Holdings fell 20 cents to trade at 26.00 rupees a share, Sri Lanka Telecom fell 30 cents to trade at 34.10 rupees a share while LOLC Holdings fell 3.80 rupees to trade at 137.60 rupees a share.
C T Holdings fell 2.60 rupees to trade at 167.40 rupees a share, Browns Investments Holdings fell 10 cents to trade at 3.50 rupees a share while Ceylon Cold Stores gained 8.30 rupees to trade at 668.30 rupees a share.
Ceylon Tobacco Company gained 4.30 rupees to trade at 1,001.40 rupees a share and Bukit Darah plc gained 5.00 rupees to trade at 355.00 rupees a share while Softlogic Holdings fell 30 cents to trade at 12.90 rupees a share.
John Keells Holdings fell 1.00 rupee to trade at 152.00 rupees a share while Cargills Ceylon closed flat at 200.00 rupees a share and Nestle Lanka gained 1.90 rupees to trade at 1,204.90 rupees a share and Distilleries Company gained 10 cents to trade at 21.10 rupees a share.
Hayleys PLC closed flat at 373.00 rupees a share and Dialog Axiata closed flat at 12.40 rupees a share.
Aitken Spence Plc gained 1.30 rupees to trade at 61.40 rupees a share while Richard Pieris and Company closed flat at 15.00 rupees a share.
A 45 million ruppes worth of negotiated trading (crossings) was seen in john Keells holdings at 152.00 rupees per share.
Net foreign sales in the market amounted to 99 million rupees.
The Materials industry which was the most active, gained 0.75 percent. (Colombo/December 11/2020)