Sri Lanka stocks trend up in midday trade, interest in Melstacorp

Sri Lanka stocks close slightly higher, as banking, Melstacorp drive turnover

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed up on Monday with banks contributing the most to the relatively low market turnover. The ASPI was up 0.04 percent, or 9.38 points at 23,783.02. The S&P SL20 was up 0.32 percent, or 21.72 points at 6,743.19. Melstacorp (Rs.184.00), Richard Pieris and Company (Rs.36.00), Prime Lands Residencies (Rs. 55.00) were the top positive contributors to ASPI. Ceylon Beverage Holdings (down 158.75 rupee…

Sri Lanka Stocks Rally at Midday, Melstacorp Captures Investor Interest

FINANCIAL CHRONICLE – On Monday, the Colombo Stock Exchange opened positively and maintained its upward trend through midday, according to data from the CSE. The All Share Price Index rose by 0.25 percent, gaining 59.31 points to reach 23,832.95. In contrast, the S&P SL20 experienced a decline of 0.32 percent, losing 21.19 points to settle at 6,742.66. Melstacorp emerged as the leading contributor to the positive movement of the All Share Price …