Daily Mirror (Sri Lanka)
ASPI gains 3.1% for the day
The ASPI closed in green as a result of price gains in counters such as Commercial Leasing & Finance, Carson Cumberbatch and Ceylon Cold Stores with the turnover crossing Rs. 2.9 bn.
A similar behavior was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings and Expolanka Holdings.
Mixed interest was observed in Tokyo Cement Company non voting and voting, whilst retail interest was noted in Hayleys Fabric, Sampath Bank and Raigam Wayamba Salterns.
Furthermore, foreigners remained active closing as net sellers mainly due to foreign selling in John Keells Holdings. Capital
Goods sector was the top contributor to the market turnover (due to John Keells Holdings), whilst the sector index gained 2.75%.
The share price of John Keells Holdings increased by Rs 1.00 (0.77%) closing at Rs 131.00, whilst foreign holdings decreased by 5,888,906 shares.
Transportation sector was the second highest contributor to the market turnover (due to Expolanka Holdings), whilst the sector index increased by 9.86%. The share price of Expolanka Holdings gained Rs 1.20 (9.92%) to close at Rs. 13.30.
Tokyo Cement Company non voting and voting, and Hayleys Fabric were also included amongst the top turnover contributors. The share price of Tokyo Cement Company non voting moved up by Rs 2.70 (6.54%) to close at Rs. 44.00.
Furthermore, the share price of Tokyo Cement Company recorded a gain of Rs 2.80 (5.49%) to close at Rs. 53.80, whilst the share price of Hayleys Fabric appreciated by Rs. 1.20 (5.29%) to close at Rs. 23.90.