The Colombo bourse moved up sharply yesterday on the back of steep gains in Ceylon Tobacco (CTC) and Chevron on a turnover of Rs.636.2 million, down from the previous day’s Rs.727.7 million, with the All Share Price Index gaining 62.23 points (1.08%) and S&P SL20 up 28.86 points (0.92%) with 180 gainers leaving 41 losers trailing and 28 counters closing flat.

"The ASPI reached a 64 trading day high on the back of strong buying interest across the board. Improved activity levels were led by trades on JKH and SHL, which collectively accounted for over 35% of market turnover, inclusive of a block trade on JKH," quoting John Keells Stockbrokers The Island reported.

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