Home / Front Page/ CSE starts week on a positive note

CSE starts week on a positive note

Comments / {{hitsCtrl.values.hits}} Views / Tuesday, 9 October 2018 00:17

The Colombo stock market started the week on a positive note with both All Share and S&P SL 20 indices gaining.

The ASPI gained 0.41% firmer at 5,908.06, its highest close since 20 September and further moving away from its lowest close since 13 December 2013 hit on Tuesday. It fell 3.6% last month and is down 7.2% so far this year.

NDB Securities said the ASPI closed in green as a result of price gains in counters such as Hatton National Bank, Hemas Holdings and Distilleries, 

Similar behaviour was witnessed in the S&P SL20. NDBS said high net worth and institutional investor participation was witnessed in Melstacorp. Mixed interest was observed in Sampath Bank and John Keells Holdings. 

Market turnover was Rs. 265 million. NDBS said foreigners remained active closing as net sellers. Total foreign sales accounted for 51.2% of the turnover.

Share This Article


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Finishing the job of ending poverty in South Asia

Thursday, 18 October 2018

“I have a four-year-old son back in my village. I want to make a better life for him,” says Sharmin Akhtar, a 19-year-old employee in one of Dhaka’s many flourishing garment factories. Like thousands of other poor women, Sharmin came down to B

Depreciating rupee: Avoiding a money-go-round

Wednesday, 17 October 2018

Sri Lanka’s excessive reliance on foreign capital to finance investment under favourable external financial conditions is now leading to disruptions, as those conditions change in a decisive interest rate tightening phase in the United States. As U

Responsible water stewardship in Sri Lanka

Wednesday, 17 October 2018

Unlike many of our regional neighbours, Sri Lanka is blessed with an abundant water table. However, many companies do not feel the full value of this precious resource due to the limited regulation and monitoring of fresh water extraction for busines

Economy in disarray, banks flourishing; can this be true?

Wednesday, 17 October 2018

It is earlier reported that the growth in bank credit accelerated in August despite the tight credit and money conditions and rising non-performing loans in the banking sector. It is further reported that the year-on-year (YoY) growth in credit accel

Columnists More