Thursday, 31 December 2020 01:23 - YTD net foreign outflow tops Rs. 51 b The Colombo Stock Market yesterday remained resilient reaching a near three-and-half-year high with above average turnover. The All Share Price Index increased by 43.1 points to close at 6,748.0 (+0.6%), whilst the more liquid S&P SL20 Index also gained 16.7 points to close at 2,631.5 (+0.6%). The total turnover was Rs. 3.75 billion versus the 12-month average daily turnover of Rs. 1.87 billion, according to Softlogic Stockbrokers. First Capital said the Bourse witnessed a near three-and-half-year high while recording a Rs. 3 billion plus turnover, sustaining the drive in the positive direction for the third consecutive session. “Index spiked within the first few minutes of trading, thereafter, experienced a downward movement till mid-day. Subsequently, market bounced back and closed at 6,748, gaining 43 points,” First Capital said. It said the Capital Goods sector dominated the turnover for the session with a contribution of 42%. Moreover, parcel trades in Dipped Products and Hemas Holdings boosted the turnover amounting to 10%.