Daily Mirror (Sri Lanka)
ASPI gains 1% for the day
T he ASPI closed in green as a result of price gains in counters such as LOLC Holdings, Browns Investments and John Keells Holdings with the turnover crossing Rs 5.9 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Brown & Company and Teejay Lanka. Mixed interest was observed in LOLC Holdings, Royal Ceramics and Melstacorp whilst retail interest was noted in Browns Investments, Expolanka Holdings and Lanka Orix Finance.
Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. Food, Beverage & Tobacco sector was the top contributor to the market turnover (due to Browns Investments) whilst the sector index gained 1.73%. The share price of Browns Investments increased by Rs 0.70 (7.14%) to close at Rs 10.50.
Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings and Royal Ceramics) whilst the sector index increased by 2.38%.
The share price of John Keells Holdings recorded a gain of Rs 7.50 (5.40%) closing at Rs 146.50. The share price of Royal Ceramics appreciated by Rs 1.60 (3.55%) closing at Rs 46.70.
Expolanka Holdings and LOLC Holdings were also included amongst the top turnover contributors. The share price of Expolanka Holdings lost Rs 1.75 (0.90%) closing at Rs 193.25. The share price of LOLC Holdings moved up by Rs 37.75 (6.47%) to close at Rs 621.25.