In a bearish market, LOLC share price dipped by Rs. 17.50 or 4% to Rs. 422.75 whilst JKH dip was only 75 cents to Rs. 154. Ceylon Tobacco rose to be the most valuable thanks to a Rs. 1.75 gain to close at Rs. 1,105.
CTC’s market capitalisation was at Rs. 206.9 billion accounting for 5.96% of CSE’s total and JKH’s value was Rs. 203 billion or 5.85% whilst LOLC’s figure was Rs. 200.89 billion or 5.79% of total.
The Colombo stock market continued its decline with both the All Share Price Index and S&PSL20 Index down by 1.8%. LOLC’s dip contributed most (19 points) to the decline of ASPI.
Thanks to the January rally, the year to date the ASPI is up 17.56% and S&PSL20 by 20.16%.