Sri Lanka shares started the trading for fresh week with extremely positive note & ASI crossed the 4600 index mark. ASI was up by 51.43 points (+1.13%) to close at 4612.76 while MPI was up by 74.92 points to close at 5257.08. Total equity turnover amounted to 1.70 billion rupees.
Diversified blue chip John Keells Holdings (JKH) was the leading contributor for today’s Bull Run followed by Dialog Telecom Plc. JKH closed the day at Rs 204.00, up 3.75 while Dialog closed at Rs 9.00, up 25 cents. Due to heavy weight on indices JKH & Dialog can move indices significantly with small movement in their stock prices.
Sri Lanka’s only ship builder Colombo Dockyard Plc gained ten rupees to close at Rs 270.00. The monopolistic tobacco Company, Ceylon Tobacco Plc was up by ten rupees on 100 shares to close at Rs 310.00. Ceylon Leather Products Plc has gained 9.50 to end the day at Rs 240.00.
Rarely traded Colombo Pharmacy Plc lost 26.25 to close at Rs 400.00 while another illiquid company The Indo Malay Plc was down by 65.00 rupees to close at Rs 350.00 but only 100 shares traded during the day.  Commercial Bank of Ceylon Plc lost 2.25 to close at 277.75 while Sampath Bank lost one rupee to close at Rs 344.75.
Total of 112 stocks gained today while 58 stocks lost their value.  There were marginal foreign outflow today with Rs 145.04 foreign purchases & Rs 146.81 million sales.

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Filed under: Colombo Stock Market • daily

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