ECONOMYNEXT – The Colombo Inventory Change indices ended robust on Friday, bucking the autumn in indices in mid-morning commerce, knowledge on its web site confirmed.
The All Share Worth Index remained above the psychological 16,000 mark regardless of the autumn in indices.
The broader ASPI closed up 0.26 p.c or 41.38 factors at 16,257.31; whereas the extra liquid S&P SL20 Index closed up 0.28 p.c or 13.62 factors at 4,931.66.
Turnover was 5.41 billion rupees, whereas the share quantity rose 25.8 p.c to 198,932,580.
Analysts say many new accounts are surging into the market, with falling rates of interest and doubled withholding tax making the market enticing.
There was continued curiosity within the banking sector and client sector.
Cargills Financial institution was up 1.2 p.c to eight.60, NDB ended 0.2 p.c stronger at 115.75, Dilmah was up 0.5 p.c to 1,116.00 and John Keels rose 0.4 p.c to 24.00.
There was a web overseas outflow of 221 million rupees for the day, persevering with the downward pattern after recording an influx of 194 million rupees on Thursday.
Prime overseas promoting was seen in John Keells 230.6 million rupees, Agarapatana Plantations 19.1 million rupees, JAT 15.7 million rupees, Chevron Lubricants Lanka Plc 15.3 million rupees, HNB 13.6 million rupees and LOLC Finance 12.8 million rupees.
Most energetic volumes have been seen in John Keells Holdings at 22,822,571 (turnover 547,555,467.80 rupees), Dialog at 16,809,239 (turnover 215,730,678.80 rupees), Brown Investments at 15,383,435 (turnover 123,456,181.00 rupees) and LOLC Finance at 11,533,400 (turnover 75,692,426.40 rupees).
Prime contributors to the ASPI have been Dialog (ended 5.7% stronger at 12.90), DFCC Financial institution (rose 2.1% to 119.25), Dipped merchandise (climbed 4.9 % to 55.60), Hemas Holdings (rose 2.6% to 109.00) and Business Financial institution (up 0.7% to 145.25).
Listed telco Dialog Axiata introduced that Hans Wijesinghe, presidential advisor on digital financial system, had resigned from its board, and Vivek Sood has been appointed as non-independent, non-executive director on the board with impact from January 16. (Colombo/Jan17/2025)
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