Full Stock Market

The ASPI edged up as a result of price gains in counters such as Ceylon Tobacco Company, Sri Lanka Telecom and Browns Investments with the turnover crossing Rs 223 Mn.

Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was witnessed in Three Acre Farms, John Keells Holdings and Commercial Bank.

Mixed interest was observed in Teejay Lanka and Melstacorp whilst retail interest was noted in Sampath Bank rights and Access Engineering.

Furthermore, foreigners remained active closing as net buyers mainly due to foreign purchasing in John Keells Holdings and Commercial Bank. Total foreign purchases accounted for 55.7% of the turnover. Beverage, Food and Tobacco sector was the top contributor to the market turnover (due to Three Acre Farms) whilst the sector index gained 0.25%. The share price of Three Acre Farms increased by Rs 0.40 (0.45%) to close at Rs 89.00. Diversified sector was the second highest contributor to the market turnover (due to John Keells Holdings and Melstacorp) whilst the sector index edged down by 0.13%. The share price of John Keells Holdings lost Rs 0.90 (0.65%) closing at Rs 138.00 whilst foreign holdings increased by 189,313 shares.

The share price of Melstacorp closed flat at Rs 40.00. Commercial Bank and Teejay Lanka were also included amongst the top turnover contributors.

The share price of Commercial Bank moved up by Rs 0.30 (0.33%) closing at Rs 92.40 whilst foreign holdings increased by 216,511 shares. The share price of Teejay Lanka recorded a gain of Rs 0.20 (0.65%) to close at Rs 31.00. Furthermore, RIL Property announced its first and final dividend of Rs 0.15 per share.