ASPI hits new high

By Mario Andree | Published: 2:10 AM Nov 26 2021

By Mario Andree 

Despite of a minor setback during the previous market day, the Colombo Stock Exchange recovered on Thursday (25) to hit a new all-time high as the benchmark index rose on a higher turnover despite continued foreign exits from the Bourse. The benchmark All Share Price Index (ASPI), which started the day at 10,910.06 points, gained 115.67 points (1.06 per cent) to close at 11,025.73 points, a new all-time high. 

Browns Investment, Expolanka Holdings, Vallibel One, Browns and Royal Ceramic Lanka pushed the index up despite attempts by LOLC Holdings, Richard Pieris and Company, John Keells Holdings, Commercial Leasing & Finance and Lanka Reality Investment. The S&P SL20 index, which represents the top 20 companies, listed, which started the day at 3,751.06 points, gained 16.35 points (0.44 per cent) to close at 3,767.41 points. 

The day’s turnover reached Rs 9.9 billion, higher than Rs 7.5 billion recorded the previous market day. More than 459 million shares changed hands during 62,221 trades that took place. Shares of 254 companies were traded during the day, of which 106 emerged as winners ahead of 99 losers. Foreigners were net sellers for the tenth consecutive session during the day. The net foreign outflow on Thursday (25) stood at Rs 934 million as foreigners sold shares worth Rs 1,022 million as against purchases worth Rs 88 million. 

Top ten gainers during the day were: Blue Diamonds (non-voting), Unisyst, DIMO, Tess Agro (non-voting), Tess Agro, Bogala Graphite, SMB Leasing, Orient Finance, Lanka Aluminum and Nation Lanka Finance. The top ten losers were: Industrial Asphalt, Lanka Realty, Malwatte Plantations, Bansei Resorts, Richard Pieris, Anilana Hotels, Mullers and Phipps, Eastern Merchant, Hotels Corporation and Sinhaputhra Finance.

By Mario Andree | Published: 2:10 AM Nov 26 2021

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