Sri Lanka stocks gain 0.19-pct, buying interest on HNB
Tuesday April 2, 2019 15:36
ECONOMYNEXT- Sri Lanka’s Colombo Stock Exchange closed 0.19 percent higher on Tuesday, with buying pressure on Hatton National Bank (HNB).
The All Share Price Index (ASPI) closed 10.66 points higher at 5,578.43, continuing a rally for the fourth consecutive day.
The index had fallen to an intra-day low of 5,562.71 in the morning session before gaining through the rest of the day.
The more liquid S&P SL20 Index closed 25.65 points higher at 2,742.36.
Market turnover was 433.72 million rupees, with 56 firms gaining and 55 firms falling.
Trades were mostly foreign to foreign, with 16.8 million rupees in net inflows to the market.
HNB stock contributed most to the ASPI gain, closing 9.40 rupees higher at 184.10 rupees in a late price surge, after generating nearly 65 percent of market turnover in the morning session around 176 rupees per share through negotiated trades.
Hemas Holdings closed 4 rupees higher at 78.50 rupees, also pushing up the ASPI.
Index-heavy John Keells Holdings closed flat at 155 rupees per share in moderate trading, after an intra-day low of 154 rupees per share. (Colombo/Apr02/2019)