Daily Mirror (Sri Lanka)

Indices close in green

- Business · Stocks & Markets · Investing · Financial Markets · Finance · Nestle · Tokyo · Expolanka · Hemas Holdings · Hayleys

The ASPI closed in green as a re­sult of price gains in coun­ters such as Ex­polanka Hold­ings, Asiri Hos­pi­tal Hold­ings and Nes­tle Lanka with the turnover cross­ing Rs. 3.0 bn.

A sim­i­lar be­hav­iour was wit­nessed in the S&P SL20. High net worth and in­sti­tu­tional in­vestor par­tic­i­pa­tion was noted in Ex­polanka Hold­ings.

Mixed i nter­est was ob­served in Tokyo Ce­ment Com­pany vot­ing and non vot­ing and He­mas Hold­ings, whilst re­tail in­ter­est was noted in Hay­leys

Fab­ric, Raigam Wayamba Sal­terns and Browns In­vest­ments. For­eign par­tic­i­pa­tion in the mar­ket ac­tiv­ity re­mained at sub­dued lev­els with for­eign­ers clos­ing as net sell­ers. Dur­ing the week, the ASPI and the S&P SL20 dropped by 4.16% and 4.32% re­spec­tively, whilst record­ing an av­er­age daily turnover of Rs. 3.3 bn. Trans­porta­tion sec­tor was the top con­trib­u­tor to the mar­ket turnover (due to Ex­polanka Hold­ings), whilst the sec­tor in­dex gained 9.77%. The share price of Ex­polanka Hold­ings in­creased by Rs 1.30 (9.77%) to close at Rs 14.60.

Ma­te­ri­als sec­tor was the sec­ond high­est con­trib­u­tor to t he mar­ket turnover (due to Tokyo Ce­ment Com­pany vot­ing and non vot­ing), whilst the sec­tor in­dex in­creased by 1.99%. The share price of Tokyo Ce­ment Com­pany gained Rs 1.60 (2.97%) to close at Rs. 55.40. The share price of Tokyo Ce­ment Com­pany non­vot­ing moved up by Rs 1.50 (3.41%) clos­ing at Rs. 45.50, whilst for­eign hold­ings de­creased by 851,825 shares. He­mas Hold­ings and Hay­leys Fab­ric were also in­cluded amongst the top turnover con­trib­u­tors. Fur­ther­more, the share price of He­mas Hold­ings recorded a gain of Rs. 0.90 (1.27%) to close at Rs. 72.00, whilst the share price of Hay­leys Fab­ric ap­pre­ci­ated by Rs. 0.70 (2.93%) to close at Rs .24.60. Fur­ther­more, Harischan­dra Mills an­nounced a fi­nal div­i­dend of Rs. 30.00 per share.

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