Colombo market closed the week higher with the ASPI up 1.07% on Friday (ASPI +2% for the week) and S&P SL20 +1.10%, with turnover at Rs.2.3bn. Banking stocks (Commercial Bank, HNB), renewed interest in plantation names (KAHA, HAPU, UDPL, MASK) and strong foreign buying in JKH drove activity.
Colombo Stock Exchange closed higher: All Share Index up 1.10% to 10,683 and S&P SL20 up 1.86% to 2,979 on turnover of 1.2 billion, led by banks and blue-chips (notably HNB and JKH) and with a net foreign inflow of 80.39 million.
Colombo Stock Exchange closed down: the All Share Index fell 0.07% to 10,567 while the S&P SL20 rose 0.06% to 2,925, turnover was LKR 1.1 billion and there was a net foreign inflow of LKR 13.49 million; banks (Commercial Bank, HNB, Sampath) led turnover.
Colombo market closed modestly higher with the ASPI up 4 points to 10,575 and turnover of Rs.1.03 billion. Banking stocks made up 54% of turnover while Royal Ceramics, NDB and Asian Hotels & Properties led gains and Commercial Bank, Nations Trust Bank and Sierra Cables fell.
Colombo Stock Exchange closed up, with the All Share Index rising 0.03% to 10,574 and the S&P SL20 up 0.02% to 2,923. Top contributors included Royal Ceramics, National Development Bank and SMB Finance; turnover was Rs1.03bn with a net foreign inflow of 17 million.
Colombo market fell as S&P SL20 dropped 1.77% and ASPI declined 1% with turnover of Rs. 1.23 billion and net foreign inflow of Rs. 44.8 million. Commercial Bank, Hatton National Bank, Ceylon Tobacco Company, Sampath Bank and Royal Ceramics were the top negative contributors.
Colombo Stock Exchange fell: All Share Index down 1.05% to 10,663 and S&P SL20 down 1.77% to 2,960. Turnover was 1.2 billion with net foreign outflow of 44.81 million; top turnover stocks included Ceylon Tobacco, HNB, Commercial Bank, John Keells and Royal Ceramics, with mixed foreign buying/selling.
Ada Derana·Sep 9, 2024·Promotional / marketingPositive
Royal Ceramics (Rocell) launched a new 1m x 1m 'Eterno' tile—the largest manufactured tile in Sri Lanka—and introduced the country's first matt-polished tiles; the range is now available at all Rocell showrooms.
Colombo Stock Exchange closed lower: All Share Index down 0.23% to 10,775 and S&P SL20 down 0.46% to 3,021, turnover 449 million and net foreign outflow of 43.06 million.
Rocell launched a 1m x 1m 'Eterno' premium tile, billed as Sri Lanka’s largest manufactured tile, introducing matt-polished surfaces and new designs. The product is available islandwide and may intensify competition among local tile manufacturers.
Colombo market improved as the ASPI rose 35 pts to 11,347 and turnover jumped to Rs.648.6m (up 92%), led by Capital Goods; key contributors included JKH, CTC, RCL and others, while there was a net foreign outflow of Rs.23m.