Indices close in green
The ASPI closed in green as a result of price gains in counters such as Commercial Leasing & Finance, Carson Cumberbatch and Expolanka Holdings with the turnover crossing Rs. 3.4 bn. A similar behaviour was witnessed in the S&P SL20.
High net worth and institutional investor participation was noted in Hayleys Leisure and Hayleys.
Mixed interest was observed in Expolanka Holdings, Sampath Bank and Pan Asia Banking Corporation whilst retail interest was noted in Browns Investments, Amana Bank and Industrial Asphalts. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.
The Banking sector was the top contributor to the market turnover (due to Sampath Bank, Pan Asia Banking Corporation and Amana Bank) whilst the sector index gained 0.31%.
The share price of Sampath Bank moved up by Rs. 0.60 (1.05%) to close at Rs. 57.90. The share price of Pan Asia Banking Corporation recorded a gain of Rs. 0.10 (0.56%) to close at Rs. 18.00.
The share price of Amana Bank declined by Rs. 0.20 (5.00%) to close at Rs. 3.80. Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Browns Investments) whilst the sector index increased by 1.00%.
The share price of Browns Investments lost Rs. 0.10 (0.93%) to close at Rs. 10.60. Expolanka Holdings was also included amongst the top turnover contributors. The share price of Expolanka Holdings increased by Rs. 2.50 (1.32%) closing at Rs. 192.00.