12 August 2015
Colombo stocks ended with solid gains, one week ahead of the 15th parliamentary election. The market inclined sharply today, breaking the 7,400 resistance level and the ASI reached a nearly seven month high of 7,458.92 with a gain of 80.98 index points or 1.1%. 20-script S&P SL index advanced to a seven month high of 4,154.15, with a gain of 49.79 points (+1.12%).
Market momentum was led by primary blue chips namely John Keells Holdings (closed at LKR 195.00, +2.1%), Distilleries (closed at LKR 312.00, +4.1%) and Sri Lanka Telecom (closed at LKR 48.00, +2.1%). Warrants of John Keells Holdings, Warrant 0022 (closed at LKR 31.00, +4%) and Warrant 0023 (closed at LKR 41.50, +3.5%) also advanced during the session.