ECONOMYNEXT – Sri Lanka stocks closed 0.11 per cent higher on Tuesday pushed by Browns Investment, ASIRI and LOFC after Monday’s dip, brokers said.
The Colombo benchmark All Share Price Index gained 7.58 points to close at 7,143.38.
The index dipped minutes after opening to intra-days lowest 7,130.40 however picked up immediately after to remain volatile throughout the day.
The S&P SL20 index of more liquid stocks up 0.18 per cent or 5.21 points to close at 2,843.40.
Turnover was 1.1 billion rupees with 94 stocks gaining and 63 falling.
Browns Investment contributed most ASPI’s gain to close 10 cents up at 6.60 rupees a share.
LOLC Holdings gained 75 cents to close at 318.75 rupees contributing, Brown and Company up 1.25 rupees to close at 179.50 rupees a share and Browns Investment closed 10 cents up at 6.60 rupees a share.
LOLC Finance closed 20 cents up at 6.40 rupees.
Hayleys Plc closed 80 cents up at 78.00 rupees with key subsidiaries Dipped Products up 20 cents to close at 54.70 rupees and Haycarb Plc up 25 cents to close at 102.25 rupees.
John Keells Holdings closed 50 cents down at 134.75 rupees a share and Vallibel One up 20 cents to close at 53.90 rupees a share.
The Kingsbury closed 10 cents down at 5.90 and Singer Sri Lanka closed 10 cents down at 18.30 rupees.
Expolanka Holdings closed flat at 44.20 rupees a share and Melstacorp Holdings closed 80 cents up at 45.30 rupees a share.
Commercial Bank of Ceylon closed 20 cents up at 80.60 rupees.
Hatton National Bank closed 25 cents to close at 128.25 rupees a share and Sampath Bank closed 20 cents down at 49.70 rupees a share
DFCC Bank closed 30 cents up at 57.90 rupees and Nations Trust Bank closed 20 cents down at 53.60 rupees.
Seylan Bank closed 40 cents down at 49.60 rupees and Pan Asia Banking Corporation closed 20 cents up at 15.50 rupees.
Housing Development Finance closed flat at 35.00 rupees and Central Finance Company closed 70 cents down at 80.00 rupees.
Bukit Darah closed 2.50 rupees down at 278.50 rupees, Hemas Holdings closed 10 cents down at 79.90 rupees, Ceylon Grain Elevators flat at 126.00 rupees and Distilleries Company closed 20 cents down at 19.60 rupees a share.
Eden Hotel Lanka closed 10 cents down at 9.60 rupees in the hotel sector, Aitken Spence Hotel Holdings closed flat at 27.50 rupees and John Keels Hotels closed flat at 9.20 rupees a share.
Access Engineering closed 10 cents up at 22.50 rupees while Carson Cumberbatch closed 25 cents up at 275.25 rupees.
Nestle Lanka closed 7.00 rupees up at 1,010.00 rupees and Aitken Spence Plc closed 10 cents down at 49.40 rupees.
Sri Lanka Telecom closed 10 cents up at 32.80 rupees, Richard Pieris and Company closed 10 cents down at 15.60 rupees and Dialog Axiata closed flat at 12.60 rupees.
Piramal Glass Ceylon closed flat at 11.80 rupees, Ceylon Cold stores closed 5.50 rupees down at 570.00 rupees and Ceylon Tobacco Company PLC closed flat at 970.00 rupees a share.
Windforce Closed 10 cents up at 18.20 rupees.
Royal Ceramic Lanka up 50 cents to close at 36.40 rupees, Lanka Tiles fell 20 cents to close at 47.10 rupees, Lanka Walltiles up 20 cents to close at 48.00 rupees while Lanka Ceramic closed flat at 131.25 rupees.
Net foreign sales were 203.47 million rupees.
The Capital Goods sector and the Food, Beverage & Tobacco sector contributed 67 per cent to the turnover.
Parcel trades represented 6 per cent of the turnover, First Captial Market Research said. (Colombo/May 11/2021)