Sri Lankan stocks picked up 0.48% on 19 July on a large parcel of Ceylon Glass Co. changing hands, but the broader market was quiet as opposition parties held protest rallies in the capital.
The benc…
Sri Lankan stocks picked up 0.48% on 19 July on a large parcel of Ceylon Glass Co. changing hands, but the broader market was quiet as opposition parties held protest rallies in the capital. The benchmark Colombo all-share index ended up 0.48% at 423.53 on provisional figures. Ceylon Glass, one of the smaller companies on the bourse, was up LKR 13.50, or 192% at LKR 20.50, on a foreign purchase of 2.7 million shares. Brokers said a majority Indian shareholder had increased its stake while DFCC Bank had sold the shares from its portfolio. Volumes were at a healthy LKR 63 million with foreign purchases at LKR 59 million, mostly on Ceylon Glass. Foreign sales were at LKR three million.