Economy & Market Companies

Sri Lanka stocks trend up, consumer durables and apparels lead

Sri Lanka’s Colombo Stock Exchange opened up on Friday, with consumer durables and apparel leading turnover.

The All Share Price Index was up 0.71 percent, or 151.67, at 21,571.61.

The S&P SL20 was up 0.42 percent, or 25.19, at 6,060.71.

Top positive contributors were Commercial Bank (up 1.21 percent at Rs.208.50), Nations Trust Bank (up 2.66 percent at Rs.299.00).

National Development Bank (down 3.72 percent at Rs.136.00) was the top negative contributor to ASPI.

Market turnover was 1.1 billion rupees. Consumer durables and apparel led morning turnover with 552 million rupees, out of which Teejay Lanka contributed 546.8 million rupees.

Ambeon Essentials announced that it was making a voluntary offer to buy Harishchandra Mills shares at 3,400 rupees. The stock was trading up 117.75 rupees at 5,056.75.

Greentech Energy PLC said that there was no undisclosed price sensitive information in relation to the unusual trading activity seen around the company’s stock. The share was trading up 20 cents at 6.80 rupees.

Source: Economy Next