ECONOMYNEXT – The Colombo Stock Exchange ended the week in green, data on its site showed.
The broader ASPI closed up 0.35 percent, or 44.08 points, at 12,517; while the more liquid S&P SL20 Index closed up 1.05 percent, or 39.00 points, at 3,759.
Turnover was 4.7 billion. This was led by local high net worth individuals and institutions, market participants said.
Crossings took place on Hatton National Bank (down at 219.00), Sampath Bank (down at 85.00), CIC Holdings (up at 77.00), Hemas Holdings (up at 82.90) and Central Finance Company (up at 123.00).
Trades in Sampath Bank contributed over 1 billion rupees to the turnover, and HNB contributed 1.3 billion.
Other top turnover generators were John Keells Holdings (up at 214.00), Central Finance, and Commercial Bank (up at 113.50).
There was a net foreign outflow of 186 million rupees.
Foreign buying interest was seen in Sampath Bank, Commercial Bank, Tokyo Cement (flat at 53.00), Nations Trust Bank (up at 138.75), Richard Pieris and Co (up at 22.20), and Haycarb (up at 76.90).
Foreign selling was seen in CIC Holdings, Hemas Holdings, JKH, Ceylon Cold Stores (up at 62.10), Melstacorp (down at 90.30), and Dilstilleries Company (up at 29.00).
Lion Brewery announced a dividend of 17.3 rupees a share. The stock closed flat at 1,036.50.
Top contributors to the ASPI were JKH, Commercial Bank, LOLC Holdings (up at 430.00), DFCC Bank (up at 82.00), and Ceylon Tobacco Company (up at 1,249.75). (Colombo/Oct25/2024)