ASPI closes in green

The ASPI closed in green as a result of price gains in counters such as HNB Finance Limited, Hayleys and Bukit Darah with the turnover crossing Rs 2.5 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in John Keells Holdings. Mixed interest was observed in Hemas Holdings, Royal Ceramics and Kelani Tyres, whilst retail interest was noted in Richard

Pieris & Company and Expolanka Holdings. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

Capital Goods sector was the top contributor to the market turnover (due to Royal Ceramics, John Keells Holdings and Hemas Holdings), whilst the sector index gained 0.66%. The share price of Royal Ceramics gained Rs 6.50 (5.99%) to close at Rs 115.00. Furthermore, the share price of John Keells Holdings moved down by Rs 0.70 (0.51%) to close at Rs 136.40, whilst the share price of Hemas Holdings declined by Rs 1.40 (1.95%) to close at Rs 70.30.

The Banking sector was the second highest contributor to the market turnover (due to Hatton National Bank), whilst the sector index decreased by 1.13%. Furthermore, the share price of Hatton National Bank recorded a loss of Rs 2.00 (1.53%) closing at Rs 128.50, whilst foreign holdings decreased by 271,655 shares.

Kelani Tyres was also included amongst the top turnover contributors. The share price of Kelani Tyres increased by Rs 2.10 (2.70%) to close at Rs 79.80.