Full Stock Market

The ASPI edged down as a result of price losses in counters such as Hatton National Bank, Singer Sri Lanka and John Keells Holdings with the turnover crossing Rs 633 Mn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was witnessed in John Keells Holdings, Distilleries and Ceylon Tobacco Company. Mixed interest was observed in Softlogic Holdings, Teejay Lanka and Access Engineering. Furthermore, foreigners remained active closing as net sellers. Total foreign sales accounted for 74.1% of the turnover.

During the week, the ASPI and the S&P SL20 lost 0.72% and 0.49% respectively whilst recording an average daily turnover of Rs 417 Mn.

Diversified sector was the top contributor to the market turnover (due to John Keells Holdings and Softlogic Holdings) whilst the sector index edged up by 0.04%. The share price of John Keells Holdings decreased by Rs 0.50 (0.38%) to close at Rs 131.50. The share price of Softlogic Holdings gained Rs 1.70 (8.42%) to close at Rs 21.90.

Banks, Finance and Insurance sector was the second highest contributor to the market turnover (due to Sampath Bank and AIA Insurance) whilst the sector index decreased by 0.45%. The share price of Sampath Bank edged down by Rs 0.10 (0.04%) to close at Rs 239.90. The share price of AIA Insurance edged up by Rs 0.80 (0.09%) to close at Rs 900.00.

Distilleries was also included amongst the top turnover contributors. The share price of Distilleries appreciated by Rs 0.30 (1.83%) to close at Rs 16.70.