Bourse opens week in green | Daily News

Bourse opens week in green

Colombo bourse commenced the week in green whilst continued its positive sentiment yesterday.

Hence, the All Share Price Index gained 24.5 points (+0.3%) to close at 7,591.9 enticed by local investor interest.

Further, S&P SL20 Index also rose by 8.7 points (+0.3%) to close the day at 3,055.1. Moreover, Distilleries, Central Finance, John Keells Holdings, Expolanka Holdings and Ceylon Cold Stores remained as the top positive contributors to the ASPI during the day. Total turnover stood at LKR2, 103.3 mn vs. 12-month average daily turnover of LKR 3,069.7 mn whilst the volume traded for the day was 114,908.8k against the 12-month average daily volume of 170,879.8k.

Diversified Financials, Capital Goods and Food and Beverage were the main sectors that contributed to the daily turnover.

The top traded counters for the day were LOLC Holdings LKR189.9 mn, Expolanka Holdings LKR170.6 mn, Central Finance LKR120.0 mn, Royal Ceramics LKR96.0 mn (USD479.4k, -3.0%) and Lanka Walltile LKR82.3 mn.

Foreigners were net sellers recording an outflow of LKR86.8 mn during the day. Foreign purchases stood at LKR21.6 mn, enticed by Arpico Insurance (LKR3.9 mn), John Keells Holdings (LKR3.3 mn) and Richard Pieris (LKR2.0 mn) whilst total foreign sales amounted to LKR108.4 mn, mainly seen in Commercial Bank (LKR16.0 mn), Melstacorp (LKR12.6 mn), Royal Ceramics (LKR7.8 mn) and Dialog Axiata (LKR6.7 mn).

People’s Insurance, Mahaweli Coconut Plantations, Laugfs Power and HNB Finance touched their 52-week high prices yesterday whilst SMB Leasing reached its 52-week low price point. Further, Seylan Merchant Bank, Industrial Asphalts, Browns Investments and HVA Foods remained as the most actively traded stocks for the day.

Meanwhile an off the floor transaction was recorded in Watawala Plantations yesterday.