Full Stock Market

The ASPI closed in green as a result of price gains in counters such as Carson Cumberbatch, LOLC Holdings and Expolanka Holdings with the turnover crossing Rs 2.0 Bn.

A similar behavior was witnessed in the S&P SL20. High net worth and institutional investor participation was remained subdued for the day. Mixed interest was observed in Hayleys, Sampath Bank and Haycarb, whilst retail interest was noted in LOLC Holdings, Expolanka Holdings and Dipped Products. Foreign participation in the market remained at subdued levels with foreigners closing as net sellers. During the week, the ASPI and the S&P SL20 lost 5.64% and 5.90 respectively, whilst recording an average daily turnover of Rs 2.28 Bn.

Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings), whilst the sector index gained 1.46%. The share price of John Keells Holdings recorded a gain of Rs 0.50 (0.34%) to close at Rs 148.75. Materials sector was the second highest contributor to the market turnover (due to Dipped Products), whilst the sector index increased by 3.13%. The share price of Dipped Products appreciated by Rs 3.10 (7.71%) to close at Rs 43.30.

Expolanka Holdings, LOLC Holdings and Sampath Bank were also included amongst the top turnover contributors. The share price of Expolanka Holdings increased by Rs 1.20 (2.78%) to close at Rs 44.30. The share price of LOLC Holdings gained Rs 6.25 (2.08%) to close at Rs 306.75.

The share price of Sampath Bank moved down by Rs 0.25 (0.17%) closing at Rs 150.25 whilst foreign holdings decreased by 725,825 shares. Furthermore, Kelani Valley Plantations, Haycarb, Hayleys Fibre, Hayleys Fabric and Dipped Products announced their interim dividends of Rs 1.00, Rs 1.40, Rs 0.25, Rs 0.25 and Rs 1.00 per share respectively.