S&PSL20 gains

The main indices of the Colombo bourse closed in opposite directions today. The benchmark, All Share Price Index (ASPI) ended 0.17% (9.82 points) lower over last Fridays close while the S&PSL20 gained a marginal 0.07% (2.26 points). The ASPI & the S&PSL20 closed the day at 5,872.43 points and 3,338.38 points respectively. Market turnover for the day was LKR.885.27Mn, which was heavily supported by the off the market trades in Commercial Bank of Ceylon (COMB).

The other major turnover generators for the day were Colombo Land and Development (CLND), Brown & Company (BRWN), Sampath Bank (SAMP) and Agstar Fertilizers (AGST).

COMB witnessed five crossings, amounting to 3.11Mn shares in total at a uniform price of LKR.113.00. The off the market block trades contributed 94% to COMBs turnover of LKR.374.84Mn.

A volume of 208 K shares of COMB transacted through the market. The counter closed the day flat at LKR.113.00 CLND traded actively today. Retail activity was evident on the stock, which traded at a high of LKR.43.60 & a low of LKR.41.60 during the day. A total volume of 1.19Mn shares of CLND transacted generating a turnover of LKR.51.14 Mn.

The counter closed trading at LKR.43.40, gaining 6.90% (LKR.2.80) over the previous close.

SC Research