Shares hit record high

By Mario Andree | Published: 2:00 AM Jan 15 2022
FT Shares hit record high

By Mario Andree

Recovering from the losses it made during the first two days of the last week, The Colombo Stock Exchange posted gains for the second consecutive session on Thursday (13) to end the short week at an all-time high though foreigners continued to exits from the Bourse.

The benchmark All Share Price Index (ASPI), which started the day at 13,122.95 points on Thursday, gained 215.54 points (1.64 per cent) to close at 13,338.49 points, its highest in history.

The S&P SL20 index, which represents the top 20 companies, listed, which started the day at 4,490.83 points, gained 64.11 points (4.13 per cent) to close at 4,554.94 points.

The day’s turnover reached Rs 7.07 billion, lower than Rs 7.77 billion recorded the previous market day.

Nearly, 252.6 million shares changed hands during 56,912 trades that took place.

Shares of 267 companies were traded during the day, of which 133 emerged as winners ahead of 99 losers.

Foreigners were net sellers during the day. The net foreign outflow on Thursday (13) stood at Rs 188 million as foreigners sold shares worth Rs 340 million as against purchases worth Rs 152 million.

Top 10 winners during the day were: Millennium Housing Developers, Dialog Finance, Sri Lanka Telecom, Softlogic Holdings, e-Channeling, Pegusus Hotels, Amana Life, Autodrome, Royal Palm Beach Hotels and Ceyloinco Insurance (non-voting).

Top losers were: Namunukula Plantations, Multi Finance, Richard Pieris Exports, Hunas Falls Hotels, Hunters, Kegalle Plantations, Colombo Investment Trust, Union Chemicals, Keleni Valley and Maskeliya Plantations.

By Mario Andree | Published: 2:00 AM Jan 15 2022

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