Full Stock Market

The ASPI closed in green as a result of price gains in counters such as John Keells Holdings, C T Holdings and Sri Lanka Telecom with the turnover crossing Rs 330 Mn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was witnessed in LOLC Holdings and Ceylon Tobacco Company. Mixed interest was observed in Dialog Axiata, Seylan Bank nonvoting and Sampath Bank. Furthermore, foreigners remained active closing as net sellers mainly due to foreign selling in Dialog Axiata.

Banks, Finance and Insurance sector was the top contributor to the market turnover (due to LOLC Holdings, Seylan Bank nonvoting and Sampath Bank) whilst the sector index gained 0.38%. The share price of LOLC Holdings increased by Rs 1.30 (1.48%) to close at Rs 89.30. The share price of Seylan Bank nonvoting recorded a gain of Rs 0.10 (0.32%) to close at Rs 31.00. The share price of Sampath Bank appreciated by Rs 2.10 (1.50%) to close at Rs 142.00.

Telecommunications sector was the second highest contributor to the market turnover (due to Dialog Axiata) whilst the sector index increased by 1.91%. The share price of Dialog Axiata closed flat at Rs 9.00 whilst foreign holdings decreased by 5,878,874 shares.

Ceylon Tobacco Company was also included amongst the top turnover contributors. The share price of Ceylon Tobacco Company moved up by Rs 1.60 (0.12%) to close at Rs 1,301.60. Furthermore, Access Engineering announced its final dividend of Rs. 0.25 per share.