Blue chips led by Distilleries and Sri Lanka Telecom managed to make merry at the CSE in today’s trading. Retailers continued to actively participate helped by a new wave of cash inflows into the stock market. However, blue chips continued to dominate in terms of turnover.
ASI jumped 62.81 points (1.08%) to close at 5,875.28 and the S&P SL20 index gained 21.43 points (0.68%) to close at 3,184.61. Turnover was Rs. 2,049.4Mn.
Top contributors to turnover were Distilleries with Rs. 583.6Mn, Commercial Bank with Rs. 417.4Mn and Aitken Spence with Rs. 122.5Mn. Most active counters for the day were Central Investments & Finance, Softlogic Holdings and Laufgs Gas non-voting.
Notable gainers for the day were Lanka Milk Foods up by 14.0% to close at Rs. 122.00, Lanka IOC up by 13.1% to close at Rs. 22.50 and E.B. Creasy up by 9.7% to close at Rs. 1,097.00. Notable losers for the day were Sierra Cables down by 3.6% to close at Rs. 2.70, Asian Hotels & Properties down by 2.6% to close at Rs. 74.00 and Softlogic Holdings down by 2.2% to close at Rs. 27.20.
Cash map for today was 59.7% which is drop from yesterday. Foreign participation was 50% of total turnover whilst net foreign buying was Rs. 152.5Mn.
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