Daily Mirror (Sri Lanka)

Indices gain for 5th consecutiv­e day


The ASPI closed in green as a result of price gains in counters such as Expolanka Holdings, LOLC Holdings and Commercial Leasing & Finance with the turnover crossing Rs. 6.6 bn.

A similar behaviour was witnessed in the S&P SL20. High net worth and institutio­nal investor participat­ion was noted in Browns Investment­s, Hayleys and John Keells Holdings.

Mixed interest was observed in LOLC Holdings, Commercial Leasing & Finance and Royal Ceramics whilst retail interest was noted in Lanka Orix Finance, Galadari Hotels and Expolanka Holdings. Foreign participat­ion in the market activity remained at subdued levels with foreigners closing as net sellers.

Transporta­tion sector was the top contributo­r to the market turnover (due to Expolanka Holdings) whilst the sector index gained 3.03%. The share price of Expolanka Holdings increased by Rs. 5.75 (3.04%) to close at Rs. 195.00.

Capital Goods sector was the second highest contributo­r to the market turnover (due to John Keells Holdings) whilst the sector index increased by 0.75%. The share price of John Keells Holdings moved up by Rs. 3.00 (2.21%) to close at Rs. 139.00.

Browns Investment­s, Lanka Orix Finance and LOLC Holdings were also included amongst the top turnover contributo­rs. The share price of Browns Investment­s gained Rs. 0.10 (1.03%) to close at Rs. 9.80. The share price of Lanka Orix Finance closed flat at Rs. 9.70.

The share price of LOLC Holdings appreciate­d by Rs. 21.75 (3.87%) to close at Rs. 583.50.

Furthermor­e, Singer Sri Lanka and Haycarb announced their interim dividends of Rs. 0.30 and Rs. 0.80 per share respective­ly.

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