Sri Lanka Stock Market summery.

Indices appreciated with gains in heavy weighted stocks. ASI closed at 3781.90, up 35.04 points while MPI gained 20.25 to close at 4348.95. Turnover was 681.1 million rupees.

The Bukit Darah Plc gained 200 rupees to close at Rs 3200.00 on mere 300 shares while fixed wire line telecom service provider Sri Lanka Telecom Plc was up by 75 cents to close at Rs 37.00. Sri Lanka’s one of the oldest diversified Company Hayleys Plc closed at Rs 231.25, up 8.25. Chevron Lanka Lubricant Plc closed at Rs 173.50, up four rupees. Commercial Bank of Ceylon Plc nonvoting shares closed the day Rs 12.25 higher at Rs 170.25 while voting stocks gained 4.25 to close at 219.00.

 Both Dialog Telekom Plc & Distilleries Company of Sri Lanka Plc closed flat at Rs 7.00 & Rs 118.00 respectively.

Aitken Spence Plc lost 33.75 to close at Rs 1340.00. Diesel & Motor Engineering Co Plc lost 11.50 to end the day at Rs 413.25.

There were 101 gainers & 25 losers for the day.   

Lank Orix Leasing Company Plc has announced the incorporation of wholly owned subsidiary namely LOLC Insurance Company Ltd to start insurance business. They are still to get regulatory license for commence commercial operations.    

Raigam Wayamba Salterns Ltd – (IPO) – Basis of allotment.

Applicants who applied for 1000 to 5000 shares will received in full. Applicants who applied more than 5000 shares will receive 5000 shares plus 2.12%.