Full Stock Market

The ASPI edged up as a result of price gains in counters such as Ceylon Tobacco Company, Sri Lanka Telecom and Asiri Hospital Holdings with the turnover crossing Rs 274 Mn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was witnessed in John Keells Holdings and Hatton National Bank. Mixed interest was observed in Distilleries whilst retail interest was noted in Chevron Lubricants and Access Engineering. Furthermore, foreigners remained active closing as net buyers mainly due to foreign purchasing in Hatton National Bank. Total foreign purchases accounted for 60.9% of the turnover.

During the week, the ASPI gained 0.62% while the S&P SL20 lost 0.38% respectively. Meanwhile, average daily turnover for the week was recorded at Rs 269 Mn.

Diversified sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index lost 0.42%. The share price of John Keells Holdings decreased by Rs 1.60 (1.14%) to close at Rs 138.20.

Banks, Finance and Insurance sector was the second highest contributor to the market turnover (due to Hatton National Bank) whilst the sector index increased by 0.29%. The share price of Hatton National Bank edged down by Rs 0.20 (0.09%) closing at Rs 224.80 whilst foreign holdings increased by 206,057 shares

Distilleries, Asian Hotels & Properties and Chevron Lubricants were also included amongst the top turnover contributors. The share price of Distilleries moved down by Rs 0.10 (0.52%) to close at Rs 19.10. The share price of Asian Hotels & Properties recorded a gain of Rs 0.80 (1.78%) to close at Rs 45.80. The share price of Chevron Lubricants declined by Rs 1.00 (1.34%) to close at Rs 73.50.