CSE trading improves: 41,688 trades recorded today, highest in over 9 years

Sri Lanka stocks closed lower on Tuesday (13), ending a four-day rally. Colombo’s main, All Share Price Index (ASPI) fell 38.08 points or 0.65% to end at 5,802.97 and the S&P SL20 Index of more liquid stocks fell 30.90 points or 1.32% to end at 2,303.81.

Meanwhile, the market turnover shot up to Rs.5 billion. According to the daily stock market report 41,688 trades being recorded today.

 

Trading activity at CSE continues to improve! 41,688 trades recorded today – the highest figure in over 9 years. #lka pic.twitter.com/nRTTIN5Uq0

— Colombo Stock Exchange (@CSE_Media) October 13, 2020

Expolanka Holdings PLC was the highest contributor to the number of trades today with 3,843 trades, followed by RIL Property PLC with 3,564 trades, Piramal Glass Ceylon PLC with 2,816 trades and Renuka Agri Foods PLC with 2,553 trades.

Today, domestic purchases amounted to Rs.4.99 billion and foreign purchases accounted to Rs. 43.69 million.

Expolanka Holdings PLC (Rs.864.21 million) made the highest contribution to the daily turnover. In addition R I L Property PLC (Rs.372.88 million) and Piramal Glass Ceylon PLC (Rs.341.12 million) made significant contributions to the turnover.

Meanwhile, today, 62 companies contributed positively to the ASPI’s gain and 127 companies contributed negatively. Stocks which contributed most to ASPI’s fall were Carson Cumberbatch PLC, John Keells Holdings, Ceylon Cold Stores, HNB and Sri Lanka Telecom.

 

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