The Colombo Stock Market continued its positive momentum with the market indices recording significant gains for the third consecutive day and the turnover reaching over Rs.1 billion following the reports that the IMF loan is provisionally approved.
The All S
hare Price Index (ASPI) was up by 50.65 points or 2.09% to close the day at 2,473.57 points while the Milanka Price Index was up by 48.33 points or 1.79% to close the day at 2,749.08 points. The ASPI growth for the year to date stands at 64.57%. The turnover for the day was Rs.1,013.45 million compared with Rs.312.81 million recorded on the previous trading day.
Heavily traded stocks for the day, in terms of volume were Dialog Telekom, Piramal Glass Ceylon, Pan Asia Banking Corporation, Hotel Reefcomber, Sierra Cables, John Keells Holdings and John Keells Hotels and Tokyo Cement (Non Voting).
The highest contributor to the market turnover was John Keells Holdings contributing Rs.222.45 million to the market turnover. The share gained Rs.2.25 or 1.69% to close the day at Rs.135.25, while trading at a high of Rs.138.00 and a low of Rs.135.00.
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