ECONOMYNEXT – The Colombo Stock Exchange closed up on Thursday, data on its site showed.
The broader All Share Index closed up 0.10 percent, or 12.16 points, at 11,671; while the more liquid S&P SL20 Index closed up 0.50 percent, or 16.84 points, at 3,384.
Turnover was 4.3 billion.
“There was some volatile sentiment in the market today,” Softlogic Stockbrokers said. “There was a 200 point gain at opening, then it dropped mid-day and closed back up.”
“There was a bit of profit taking today, with selective interest in companies.”
“High-net-worth and institutional investors who had opted to be in cash beginning to get into the market expecting the positive momentum to continue.”
Most banking stocks were up; Hatton National Bank (up at 199.75), Sampath Bank (up at 78.00), DFCC Bank (up at 75.40) and National Development Bank (up at 75.80), except for Commercial Bank (down at 99.10).
There was a net foreign inflow of 633 million rupees. (Colombo/Sep26/2024)