Colombo stock market concluded weekly operations on optimistic note to stretch the winning streak for the third consecutive day amid the higher market activity following the premier’s statement on economic reforms.
All share index advanced by 0.7% or 48.85 index points to end at 7,066.24, recording the highest intra-day gain after 8 weeks. 20-scrip S&P SL index bagged 35.19 index points or 0.93% to close at 3,829.30.
Large cap, John Keells Holdings (closed at 186.40, +2.7%) directed the index performance to a 5-day high along with Sri Lanka Telecom (closed at LKR 48.40, +3.2%), Nestle Lanka (closed at LKR 2,100.00, +2.4%) and Hemas Holdings (closed at LKR 87.40, +2.1%). John Keells Holdings was the most active counter of the day and emerged as the top contributor to the turnover with LKR 378mn.