After yesterday’s decline Colombo Stocks continued its climb today. ASI was up by 21.83 to close at 2142.46 while more sensitive Milanka index gained 20.52 points to close at 2444.28. Turnover was still healthy at Rs 919.6 million.

JKH was up by 2.25 to close at Rs 112.00. National Development Bank continued to trade in high volume (Over 1.6 million shares traded) but closed flat at Rs 115.00.
Meanwhile Hotel sector shares traded in high quantities.

Hotel sector shares may benefit with prevailing peaceful environment in the country. Nuwara Eliya Hotels Company Plc was up by Rs 178.00 to close at Rs 448.00 but only 100 shares traded.Over 2.2 million Hotel Reefcomber & 1.2 million Eden Hotel shares traded today.

Overall market sentiment remains positive & market will continue it upward trend with occasional profit takings.

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