ECONOMYNEXT – The Colombo Stock Exchange closed up on Monday, data on its site showed.
The broader ASPI kept rising to close up 0.41 percent, or 56.21 points, at 13,774; while the more liquid S&P SL20 Index closed up 0.55 percent, or 22.50 points, at 4,113.
Turnover was 4.3 billion. Major contributing sectors were diversified financials sectors (Rs955mn), and capital goods (Rs890mn).
Market was moving upward due to expectations, market participants have said, with positive momentum continuing ahead of the expected lift of the vehicle import ban.
Companies with exposure to the automotive market saw local investor interest.
Top positive contributors to the ASPI were LOLC Holdings (up at 513.75), Browns Investments (up at 6.40), John Keells Holdings (up at 21.00), LOLC Finance (up at 6.70), and Ceylon Tobacco (up at 1,316.75).
Abans Plc said its issue of 3 million debentures at hundred rupees each to raise 300 million was oversubscribed. (Colombo/Dec10/2024)
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