Indices close in green

The ASPI closed in green as a result of price gains in counters such as Commercial Leasing & Finance, LOLC Holdings and Expolanka Holdings with the turnover crossing Rs. 4.2 bn.

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in JAT Holdings and BPPL Holdings.

Mixed interest was observed in Expolanka Holdings, LOLC Holdings and Commercial Leasing & Finance whilst retail interest was noted in Browns Investments, Lanka Orix Finance and Kotagala Plantations.

Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.

Diversified Financials sector was the top contributor to the market turnover (due to LOLC Holdings and Commercial Leasing & Finance) whilst the sector index gained 7.16%.

The share price of LOLC Holdings gained Rs 36.25 (5.98%) to close at Rs. 642.75. The share price of Commercial Leasing & Finance moved up by Rs. 7.00 (18.72%) to close at Rs. 44.40.

Capital Goods sector was the second highest contributor to the market turnover whilst the sector index edged up by 0.10%.

Expolanka Holdings, Browns Investments and B P P L Holdings were also included amongst the top turnover contributors. The share price of Expolanka Holdings increased by Rs. 4.25 (2.15%) to close at Rs. 201.50.

The share price of Browns Investments recorded a gain of Rs. 0.20 (1.92%) to close at Rs. 10.60. The share price of B P P L Holdings appreciated by Rs. 0.60 (2.53%) to close at Rs. 24.30.