Sri Lanka’s Colombo Stock Exchange closed on a high note on Monday, with the broader ASPI rising by 2.08 percent, or 295.10 points, to reach 14,500. The more liquid S&P SL20 Index also saw a strong gain of 2.48 percent, or 105.37 points, closing at 4,349. Total turnover reached 8.2 billion rupees.
The top turnover generators included Ceylinco Holdings (up at 3,045.75), John Keells Holdings (up at 21.70), Sampath Bank (up at 108.75), Hatton National Bank (up at 274.00), and Pan Asia Banking Corporation.
Notable positive contributors to the ASPI included Commercial Bank (up at 134.25) and LOLC Holdings (up at 553.25), with banking stocks performing well following the ISB announcement on Friday.
Crossings were recorded on stocks like Ceylinco Holdings, JKH, C W Mackie (up at 101.50), Aiken Spence (up at 137.25), Sampath Bank, PABC, Sunshine Holdings (down at 87.00), People’s Leasing and Finance (up at 15.00), and several others.
The market saw a net foreign inflow of 100 million rupees, with foreign buying in stocks like Aitken Spence, JKH, LIOC, HNB, Commercial Bank, and Lanka Milk Foods (down at 38.00). Foreign selling was recorded in Sunshine Holdings, Seylan Bank, Sampath Bank, Melstacorp, and other stocks.