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Home Business & Finance Economic Policies

Sri Lanka stocks end 2024 in green todayheadline

December 31, 2024
in Economic Policies
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ECONOMYNEXT – The Colombo Stock Exchange closed up on the last day of 2024, data on its site showed.

The broader ASPI closed up 0.77 percent, or 121.71 points, at 15,949.10; while the more liquid S&P SL20 Index closed up 1.00 percent, or 48.21 points, at 4,861.59.

Turnover was 7.7 billion rupees.

The ASPI inched closer to the 16,000 mark in morning trade before some profit taking mid-morning brought it down.

“This has been an unusual December, usually it’s more quiet,” Softlogic Stockbrokers said.

Tentative figures showed the market had gained around 50 percent year-to-date.

Banks (Rs3.6bn), diversified financials (Rs1bn) and capital goods (Rs1bn) sectors saw the most investor interest.

This was predominantly led by locals, with retail and high net worth investors taking positions.

“Foreign participation is still on the slow side.”

Top positive contributors to the ASPI were NDB (up at 113.25), DFCC Holdings (up at 113.75), Commercial Bank (up at 144.75), Hayleys (up at 131.25), and Central Finance (up at 190.00). (Colombo/Dec31/2024)

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