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Stock market recovers. ASPI up by 75.48 points

Colombo bourse closed on a positive note on Wednesday (20), with the benchmark All share Price Index (ASPI) recovering from a nosedive yesterday.

The ASPI surged 75.48 points (or 0.97%) to close at 7,884.45 while the S&P SL20 index, which includes the 20 largest and most liquid stocks increased by 37.32 points ( or 1.22%) to close 3,096.35.

The main index, which reached an all-time high of 7,922.66 points on Monday (18 January 2021), plunged by 113.09 points yesterday (19) to close at 7,808.97.

The ASPI dropped to 7,676.73 points in the first few minutes of trading today, thereafter experienced an uptrend movement and closed at 7,884.45.

Today, 124 companies contributed positively to the ASPI's gain. Stocks which contributed most to ASPI's gain were Hayleys, Vallibel One, LB Finance, Expolanka Holdings and EB Creasy.