Full Stock Market

The ASPI closed in green as a result of price gains in counters such as Ceylon Tobacco Company, Distilleries and Dialog Axiata with the turnover crossing Rs 1.0 Bn.

A similar behavior was also witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Commercial Bank and Nations Trust Bank. Mixed interest was observed in John Keells Holdings and Sampath Bank, whilst retail interest was noted in First Capital Holdings.

Furthermore, foreigners remained active closing as net sellers. During the week the ASPI and S&P SL20 gained 1.54% and 4.94% respectively, while recording an average daily turnover of LKR 1.4 Bn. The Banking sector was the top contributor to the market turnover (due to Commercial Bank, Nations Trust Bank and Sampath Bank) whilst the sector index gained 0.98%.

The share price of Commercial Bank increased by Rs 1.20 (1.72%) to close at Rs 71.00 while the share price of Nations

Trust Bank gained Rs 0.40 (0.65%) to close at Rs 62.00. Furthermore, the share price of Sampath Bank moved up by Rs 0.20 (0.17%) to close at Rs 119.20.

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index decreased by 0.61%. The share price of John Keells Holdings recorded a loss of Rs 2.00 (1.68%) to close at Rs 117.00.

LOLC Holdings was also included amongst the top turnover contributors. The share price of LOLC Holdings appreciated by Rs 0.20 (0.16%) to close at Rs 123.30.