ASPI closes in green

The ASPI closed in green as a result of price gains in counters such as Browns Investments, LOLC Holdings and Sri Lanka Telecom with the turnover crossing Rs. 9.1 bn.

Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in BPPL Holdings and John Keells Holdings.

Mixed interest was observed LOLC Holdings, Browns Investments and Expolanka Holdings, whilst retail interest was noted in Brown & Company, Softlogic Capital and Lanka Orix Finance.

Foreign participation in the market remained at subdued levels with foreigners closing as net sellers. Food, Beverage & Tobacco sector was the top contributor to the market turnover (due to Browns Investments), whilst the sector index gained 1.84%.

The share price of Browns Investments increased by Rs 1.10 (19.30%) to close at Rs 6.80. Household & Personal Products sector was the second highest contributor to the market turnover (due to B PP L Holdings ), whilst the sector index increased by 2.87%. The share price of B PP L Holdings gained Rs .0.70(4.52%) to close at Rs. 16.20. LOLC Holdings, Expolanka Holdings and John Keells Holdings were also included amongst the top turnover contributors.

The share price of LOLC Holdings moved up by Rs. 8.40 (5.73%) to close at Rs. 155.10. The share price of Expolanka Holdings recorded a loss of Rs. 0.50 (1.59%) to close at Rs. 31.00.Furthermore, the share price of John Keells Holdings declined by Rs. 1.30 (0.87%) closing at Rs. 148.50, whilst foreign holdings decreased by 1,190,507 shares.