ASPI crosses 8,000 level after 5 months

The ASPI closed in green as a result of price gains in counters such as Expolanka Holdings, LOLC Holdings and Browns Investments with the turnover crossing Rs. 6.2 bn.

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Commercial Bank and Teejay Lanka.

Mixed interest was observed in Expolanka Holdings, LOLC Holdings and Dipped Products whilst retail interest was noted in Browns Investments, Industrial Asphalts.

Furthermore, foreigners closed as net sellers mainly due to foreign selling in John Keells Holdings and Commercial Bank.

Transportation sector was the top contributor to the market turnover (due to Expolanka Holdings) whilst the sector index gained 15.15 percent. The share price of Expolanka Holdings increased by Rs. 8.30 (15.23%) to close at Rs. 62.80.

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index increased by 1.62 percent. The share price of John Keells Holdings gained Rs. 3.00 (2.16 percent) closing at Rs. 142.00 whilst foreign holdings decreased by 3,750,050 shares.

LOLC Holdings, Commercial Bank and Browns Investments were also included amongst the top turnover contributors. The share price of LOLC Holdings moved up by Rs. 18.75 (4.44 percent) to close at Rs. 441.00.

The share price of Commercial Bank recorded a gain of Rs. 0.50 (0.57 percent) closing at Rs. 87.80 whilst foreign holdings decreased by 3,823,726 shares. The share price of Browns Investments appreciated by Rs. 0.30 (4.84 percent) to close at Rs. 6.50.