ECONOMYNEXT – The Colombo Stock Exchange closed down on Monday, data on its site showed.
The broader All Share Index closed down 0.16 percent, or 19.81 points, at 12,499; while the S&P SL20 Index closed down 0.19 percent, or 7.24 points, at 3,722.
Turnover was the lowest in two weeks at 1.7 billion. The capital goods sector, which includes many of the bluechips, contributed the most to the day’s turnover.
Hemas Holdings Plc saw the most active trading volumes (Rs365mn) in the day, and the share closed up at 88.00.
C T Holdings Plc, which owns Cargills (Ceylon), C T Land Development, was among the top contributors to the ASPI in the day. The share closed up at 260.00.
Royal Ceramics Lanka Plc also saw some investor interest (Rs75mn), and closed up at 36.90.
Among the conglomerates, Aitken Spence Plc closed up at 134.25. John Keells Holdings Plc closed down at 207.00, as did Hayleys Plc which closed down at 93.30.
Ceylon Tobacco Company Plc, which announced a cash dividend later in the day, closed down at 1,298.50.
Expolanka Holdings announced it was dispatching the exit offer document made by SG Holdings Global Pte Ltd to shareholders. The exit offer of 185 rupees per share will be open for 12 market days from May 15 to June 3. Shareholders will receive payment on June 10, and June 20.
There was a net foreign outflow of 198 million. (Colombo/May13/2024)