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Sri Lanka rupee closes stronger at 290.40/50 to dollar, bonds down | EconomyNext

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ECONOMYNEXT – The Colombo Inventory Change closed up on Wednesday, information on its web site confirmed.

The broader ASPI closed up 1.29 %, or 171.69 factors, at 13,511; whereas the extra liquid S&P SL20 Index closed up 1.90 %, or 74.80 factors, at 4,016.

“The ASPI reached and all-time excessive,” market contributors identified, with the S&P SL20 additionally breaching the 4,000 mark.

Turnover was 5.2 billion. Most of this got here from capital items (Rs1.16bn) and banks sectors (Rs1.18bn).

“The market is extraordinarily bullish, and charges are supporting this.

“There’s recent shopping for curiosity because the debt restructuring nears completion.”

Investor curiosity was seen in banking and bluechip shares, they stated.

Banking shares noticed curiosity: Industrial Financial institution (up at 127.00), Sampath Financial institution (up at 99.80), Hatton Nationwide Financial institution (up at 238.00), DFCC Financial institution (up at 88.00), and Nationwide Improvement Financial institution (up at 85.30).

John Keells Holdings noticed investor curiosity; the share closed up at 20.60.

The tourism sector additionally gained traction, they stated.

Prime optimistic contributors to the ASPI have been JKH, Industrial, Sampath, HNB, and Lion Brewery (up at 1,177.25). (Colombo/Dec4/2024)


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