The ASPI edges up

The ASPI edged up as a result of price gains in counters such as Dialog Axiata, Carson Cumberbatch and Browns Investments with the turnover crossing Rs 570 Mn.

Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in Commercial Bank, Vidullanka and John Keells Holdings. Mixed interest was observed in Access Engineering and

Union Bank whilst retail interest was noted in Hayleys Fabric. Furthermore, foreigners remained active closing as net sellers. Total foreign sales accounted for 48.9% of the turnover.

Banks sector was the top contributor to the market turnover (due to Commercial Bank) whilst the sector index lost 0.54%. The share price of Commercial Bank decreased by Rs 0.80 (0.86%) to close at Rs 92.20.

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings and Access Engineering) whilst the sector index decreased by 0.25%. The share price of John Keells Holdings moved down by Rs 0.40 (0.25%) to close at

Rs 160.60. The share price of Access Engineering recorded a gain of Rs 0.30 (1.44%) to close at Rs 21.20.

Vidullanka and Dialog Axiata were also included amongst the top turnover contributors. The share price of Vidullanka gained Rs 0.10 (2.08%) to close at Rs 4.90. The share price of Dialog Axiata appreciated by Rs 0.20 (1.60%) to close at Rs 12.70. Furthermore, Teejay Lanka announced an interim dividend of Rs 1.30 per share.