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Sri Lanka stocks gain on Ceylon Tobacco Company

ECONOMYNEXT- Sri Lanka’s stocks ended 0.19 percent higher on Ceylon Tobacco Company on Wednesday, provisional data showed.

Colombo’s All Share Price Index (ASPI) closed 11.03 points up at 5,942.07 on Wednesday.

The market was volatile throughout the day, rising to a daily high of 5,940.96 within the first half-hour of trading, and falling to a low of 5,916.98 towards the latter part of the day.

S&P SL20 Index of most liquid stocks closed today 0.33 percent or 9.40 points up at 2,848.53.

Market turnover was 395.22 million rupees, while 67 stocks gained and 52 fell.

An 84.7 million rupee negotiated trade (crossing) was seen in Ceylon Cold Stores at 790 rupees a share and the stock closed flat at 790 rupees a share.

Food, Beverage and Tobacco sector contributed most to the ASPI gain.

The Ceylon Tobacco Company share traded 35.60 rupees up at 1,149.20 rupees a share contributing most to ASPI’s gain.

Singer (Sri Lanka) gained two rupees to 35.60 rupees a share and Dialog Axiata was up 60 cents to 93.00 rupees a share, also pushing the market up.
(Colombo/Feb05/2020)

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