Indices close in green

The ASPI closed in green as a result of price gains in counters such as LOLC Holdings, Browns Investments and Vallibel One with the turnover crossing Rs. 4.7 bn.

A similar behavior was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Commercial Bank and Hatton National Bank.

Mixed interest was observed in Dipped Products, Hayleys and Royal Ceramics, whilst retail interest was noted in Expolanka Holdings, LOLC Holdings and Browns Investments.

Foreign participation in the market 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 and Hayleys), whilst the sector index gained 1.65%.

The share price of Royal Ceramics moved up by Rs. 10.00 (2.82%) to close at Rs. 365.00. The share price of Hayleys recorded a gain of Rs. 2.80 (3.44%) to close at Rs. 84.20.

Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Browns Investments), whilst the sector index edged up by 0.05%.

The share price of Browns Investments increased by Rs. 0.30 (4.84%) to close at Rs. 6.50. LOLC Holdings and Dipped Products were also included amongst the top turnover contributors.

The share price of LOLC Holdings gained Rs. 24.75 (7.44%) to close at Rs. 357.25. The share price of Dipped Products appreciated by Rs 2.10 (3.58%) to close at Rs. 60.80.