Sri Lanka stocks end lower |

EconomyNext Sri Lanka stocks end lower |
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Wednesday May 5th, 2021
Markets

Sri Lanka stocks end lower

ECONOMYNEXT – Sri Lanka stocks fell 0.21 percent at Monday’s closing on index heavy Distilleries Company, Carson Cumberbatch PLC and Richard Pieris and Company, Colombo Stock Exchange provisional data showed.

Colombo’s All Share Price Index fell 0.21 percent or 12.93 points to close at 6,072.07.

The S&P SL20 index of more liquid stocks gained 0.14 percent or 3.28 points to 2,393.55.

The main index started positive and reached an intraday high of 6,101.18 but fell to a daily low at 6,068.13 during mid-day trading but picked up to close marginally high on volatile trading.

The market turnover was 1.2 billion rupees with 68 stocks gaining and 108 falling.

Distilleries Company contributed most to ASPI’s fall, closing 50 cents down a share to trade at 20.10 rupees.

Carson Cumberbatch PLC fell 10.00 rupees to trade at 255.00 rupees a share and Richard Pieris and Company fell 50 cents to trade at 14.20 rupees also contributing to the ASPI fall.

Hatton National bank fell 80 cents to trade at 113.50 rupees while Commercial Bank of Ceylon gained 40 cents to trade at 76.50 rupees a share and Sampath Bank gained 60 cents to trade at 124.70 rupees a share.

LOLC Holdings fell 1.70 rupees to trade at 129.10 rupees a share and Browns Investment closed flat at 2.50 rupees a share.

Sri Lanka Telecom fell 10 cents to trade at 32.40 rupees a share, Ceylon Cold Stores gained 12.60 rupees to trade at 656.80 rupees a share, Ceylon Tobacco Company gained 1.60 rupees to trade at 942.90 rupees a share.

Melstacorp Plc gained 60 cents to close at 36.90 rupees a share, Expolanka plc gained 10 cents to trade at 26.50 rupees a share while Softlogic Holdings gained 10 cents to trade at 10.80 rupees a share.

John Keells Holdings gained 70 cents a share to trade at 142.00 rupees a share while Hemas Holdings fell 90 cents to trade at 82.00 rupees a share and C T Holdings fell 2.40 rupees to trade at 160.00 rupees a share.

Hayleys PLC fell 4.80 rupees to trade at 359.20 rupees a share and Cargills Ceylon gained 5.20 rupees to trade at 190.80 rupees a share.

Aitken Spence Plc gained 10 cents to trade at 47.50 rupees a share and Dialog Axiata closed flat at 11.60 rupees a share.

The Materials Industry index, which was the most active, fell 0.49 percent.
(Colombo/November 23/2020)

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