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Sri Lanka stocks gain at open

ECONOMYNET- Sri Lanka stocks gained 0.24 percent at open continuing recovery from a circuit breaker fall at the start of the week, provisional data showed

Colombo’s All Share Price Index (ASPI) gained 0.24 percent or 10.35 points to 4,403.89.

The S&P SL20 index of more liquid stocks gained 1.40 percent or 23.87 percent to 1,730.89 on Friday.

Market turnover amounted to 38.8 million rupees with 39 stocks advancing and 18 making losses.

Ceylon Tobacco Company contributed heavily to ASPI’s gain up by 20 rupees, currently trading at 900.00 rupees a share.

Commercial Bank shares went up 2.80 rupees to trade at 52.90 rupees a share. Yesterday’s trading saw almost 2.77 billion rupees of foreign selling in Commercial Bank’s share.

(Colombo/May15/2020)

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