Bull Run continues, bourse gains 51.2 points | Daily News

Bull Run continues, bourse gains 51.2 points

The Bull Run continued whilst the Colombo bourse gained 51.2 points (+0.7%) to close at 7,567.4 enticed by local investor fraternity.

Furthermore, top traded counters for the day were LOLC Holdings LKR532.1 mn, Expolanka Holdings LKR185.1 mn, Brown & Co., LKR118.1 mn, Hayleys Fabric LKR 115.4 mn and John Keells Holdings LKR115.4 mn.

Foreigners were net sellers recording an outflow of LKR143.5 mn during the day. Foreign purchases stood at LKR182.2 mn enticed by Hatton National Bank (LKR23.0 mn), Lanka Tiles (LKR10.4 mn) and Lanka Walltiles (LKR8.2 mn) whilst total foreign sales amounted to LKR325.7 mn, mainly seen in John Keells Holdings (LKR59.4 mn), Hatton National Bank (Non-Voting) (LKR20.0 mn) and Expolanka Holdings (LKR16.5 mn).Furthermore, top traded counters for the day were LOLC Holdings LKR532.1 mn, Expolanka Holdings LKR185.1 mn, Brown & Co., LKR118.1 mn, Hayleys Fabric LKR 115.4 mn and John Keells Holdings LKR115.4 mn.

Foreigners were net sellers recording an outflow of LKR226.1 mn during the day. Foreign purchases stood at LKR40.3 mn enticed by Hatton National Bank (LKR23.0 mn), Lanka Tiles (LKR10.4 mn) and Lanka Walltiles (LKR8.2 mn) whilst total foreign sales amounted to LKR266.3 mn, mainly seen in John Keells Holdings (LKR59.4 mn), Hatton National Bank (Non-Voting) (LKR20.0 mn) and Expolanka Holdings (LKR16.5 mn).

Alliance Finance, Laugfs Power (Voting & Non-Voting) and Dialog Finance touched their 52-week high prices yesterday whilst SMB Leasing reached its 52-week low price point. Further, Browns Investments, Hayleys Fabric, Industrial Asphalts and Expolanka Holdings remained as the most actively traded stocks for the day.

Conversely, Cargills Ceylon (CARG) announced a final dividend of LKR4.10 per share for FY21.

Meanwhile amongst the upcoming IPO listings, Prime Lands Residencies Limited is scheduled to be listed on the Diri Savi Board of the Colombo Stock Exchange (CSE) with effect from 08th June 2021.