07 August 2015
Colombo bourse stretched gains for the second consecutive session on Thursday amid positive corporate earnings. Benchmark All Share Price index bagged 10.93 points or (+0.15%) to end at 7,377.24 whilst S&P SL 20 index gained 8.84 index points (+0.22%) to end at 4,091.86.
Market momentum was steered by counters such as John Keells Holdings (closed at LKR 192.20, +1.1%), Dialog Axiata (closed at LKR 11.20, +1.8%) and Singer Sri Lanka (closed at LKR 139.40, +7.4%). Further Lanka Hospitals advanced to LKR 53.40, +10.5% (closed at LKR 51.60, +6.8%), which also contributed to the index performance. Lanka Hospitals recorded a 209%growth in profit in June quarter.
Daily market turnover was LKR 2.5bn. Several crossings were recorded in Textured Jersey (13.5mn shares at LKR 30.30 per share), Expolanka (9.8mn shares at LKR 8.80 per share), People’s Leasing & Finance (4mn shares at LKR 24.80 per share), John Keells Holdings (1.8mn shares at a price range of LKR 189.50 – 192.00), Sampath Bank (0.2mn shares at LKR 263.00 per share), Ceylon Tobacco (0.1mn shares at LKR 980.00 per share) and Chevron Lubricants (0.06mn shares at LKR 406.00 per share). Total crossings accounted for 45% of the market turnover.