Sri Lanka stocks close up 1.5-pct; Continued foreign in-flow

Mar 11, 2016 (LBO) – Sri Lankan stocks closed up 1.46 percent after two consecutive days of losses with gains in index heavy stocks, brokers said.

The Colombo benchmark All Share Price Index (ASPI) closed at 5,862.35, up 85.88 points or 1.46 percent. The S&P SL20 closed 50.54  points at 3,143.46 up 1.63 percent.

Turnover was 2.5 billion rupees, up from 1.8 billion rupees Wednesday with 147 stocks closing positive against 22 negative.

The main index showed gains Sri Lanka Telecom with the stock closing at 35.00 rupees, up 1.80 rupees and  John Keells Holdings closed at 152.90 rupees, up 2.10 rupees.

Hemas Holdings closed at 76.00 rupees, up 2.50 rupees.

In banking Hatton Nation Bank closed at 194.50 rupees, up 6.10 rupees and Commercial Bank closing at 117.20 rupees, up 0.10  rupees.

There was a continued net foreign inflow of 83 million rupees, down from Wednesday’s 245 million rupees.