Bourse continued winning streak | Daily News

Bourse continued winning streak

The Colombo bourse surpassed the physiological barrier of 7,500 levels and increased by 233.9 points WoW and closed at 7,516.2 while more liquid S&P SL20 also gained 90.8 points WoW and reached 3,046.5. The average daily turnover during the week came to LKR2, 874.4 mn whilst average daily volume stood at 96,896.7k shares.

Foreigners were net sellers for the week recording an outflow of LKR784.6 mn. Total foreign purchases stood at LKR1, 215.7 mn whilst aggregate foreign selling was LKR431.1 mn. Foreign activity was evident in Commercial Bank, John Keells Holdings, Hayleys, Ceylon Tobacco and Hatton National Bank (Voting & Non-Voting).

Moreover, LOLC Holdings, Commercial Bank, Nestle Lanka, Commercial Leasing, Expolanka Holdings, Commercial Bank and LB Finance remained as the top positive contributors to the ASPI during the week. Off-board transactions were witnessed in Commercial Bank, John Keells Holdings and Royal Ceramics during the week.

(Courtesy Softlogic Stockbrokers)