Week ends with both indices up 1%
The Colombo stock market celebrated Christmas in advance soaring to a 41-month high amidst healthy turnover and play on select blue chips.
The All Share Price Index (ASPI) closed at 6,685.64 up 56.62 points (+0.85%) while the more liquid S&P SL20 index closed at 2,599.67 up 24.94 points (+0.97%). Turnover was Rs. 2.7 billion. The ASPI gained 68.69 points (+1.04%) during the week while the S&P SL20 gained 26.72 points (+1.04%). Turnover averaged Rs. 3.47 billion, improving from Rs. 2.87 billion last week, according to Asia Securities.
First Capital said the market experienced a 41-month high reverting the direction to positive while recording the highest intraday gain after two and half weeks.