The Colombo stock market continued its dismal performance, starting the new week with a fresh low in turnover. The active S&P SL20 index dipped by 0.5%, while the benchmark ASPI declined by 0.1%. Turnover was a mere Rs. 376.7 million involving 112.6 million shares. Asia Securities reported that the indices began the week on a
The Colombo Stock Exchange (CSE) saw its net foreign inflow surpass the Rs. 3 billion mark for July, despite a bearish outlook from local investors, according to brokers and analysts. As of yesterday, the CSE recorded a net foreign inflow of Rs. 393 million, bringing the month-to-date total to Rs. 3.1 billion. John Keells Holdings
Indices closed in the red due to price drops in stocks like Hayleys, Hatton National Bank, and Melstacorp, with the turnover surpassing Rs. 1.5 billion. Notable crossings occurred in Windforce, Sampath Bank, John Keells Holdings, and Alumex, which together accounted for 52.1% of the turnover. There was mixed interest in Hayleys, LVL Energy Fund, and
Electronic media mogul Rayynor Silva further expanded his holdings in Sri Lanka’s diversified blue-chip company, Hayleys PLC, by purchasing an additional 5 million shares yesterday (June 11th, 2024) for Rs. 525 million. This acquisition brings Rayynor’s total stake in Hayleys PLC to 20.1 million shares, representing 2.6% ownership. This significant purchase elevates him to the