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Sri Lanka stocks gain 2.2-pct at close

ECONOMYNEXT – Sri Lanka stocks gained 2.27 percent at Tuesday’s closing on Expolanka Holdings, Commercial Leasing and Finance and John Keells Holdings, Colombo Stock Exchange provisional data showed.

Colombo’s All Share Price Index gained 2.27 percent or 129.69 points to close at 5,843.27.

The S&P SL20 index of more liquid stocks gained 1.39 percent or 31.45 points to 2,294.39.

The market turnover was 2.7 billion rupees with 177 stocks gaining and 25 falling.

Expolanka Holdings contributed most to ASPI’s gain, closing 3.40 rupees up a share to trade at 22.30 rupees.

Commercial Leasing and Finance gained 80 cents to trade at 4.50 rupees a share and John Keells Holdings gained 2.50 rupees to trade at 133.20 rupees a share also contributing to the ASPI gain.

Hatton National bank gained 1.40 to trade at 114.00 rupees, Commercial Bank of Ceylon gained 50 cents to trade at 73.50 rupees a share, Sampath Bank gained 1.00 rupee to trade at 121.10 rupees.

Melstacorp Plc gained 70 cents to close at 32.70 rupees a share and Softlogic Holdings gained 10 cents to trade at 10.30 rupees a share.

Hayleys Plc gained 22.20 rupees to trade at 331.10 rupees a share, Hemas Holdings gained 3.10 rupees to trade at71.00 rupees a share, Ceylon Cold stores gained 90 cents to close at 673.60 rupees a share, Ceylon Tobacco Company gained 3.30 rupees to close at 959.50 rupees a share and Nestle Lanka closed flat at 1,100 rupees a share.

A 117.9 million rupees negotiated trading (crossing) was seen in John Keels Holdings at 131.00 rupees a share.

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The Materials Industry index, which was the most active, gained 3.5 per cent. (Colombo/November 03/2020)

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