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The Colombo Stock Exchange (CSE) continued its recovery yesterday for the third day running signalling a sustainable and steady market in the days ahead.

According to sources from the "Market Corridor", the continuing improvements in local purchases and traders' disposition to maintain upbeat for higher gains had major impacts towards the positive note.

The All Share Price Index increased to 1,118.47 points yesterday from 1,088.16 points on Thursday.

Milanka Index a decisive performer recorded improvements at 1,921.32 points from previous recording of 1,859.75 points. The turnover stood at Rs. 257,547,451 from Rs. 242,140,229. The day's largest contributors were SLT, Nations Trust, JKH, Distilleries, Merchant Bank, Asso Hotels and Colombo Land.

Domestic purchases were Rs. 2,543 million and foreign purchases Rs. 123 million.

Riverina Hotels, Asso Hotels, Sathosa Motors, Ceylon Glass Co and Lanka Aluminium became the top five gainers. Nations Trust Bank and Hayles Exports announced 5% first and final and 20% interim (Tax Free) dividends.

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