19 April 2024 12:00 am
A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in National Development Bank, DFCC Bank and Central Finance Company.
Mixed interest was observed in Capital Alliance, Lanka Milk Foods and Hemas Holdings whilst retail interest was noted in LOLC Finance, Browns Investments and Ambeon Capital.
Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. Diversified Financials sector was the top contributor to the market turnover (due to Capital Alliance) whilst the sector index gained 0.46%. The share price of Capital Alliance increased by Rs. 2.50 (3.94%) to close at Rs. 65.90.
The Banking sector was the second highest contributor to the market turnover (due to National Development Bank) whilst the sector index decreased by 0.82%. The share price of National Development Bank moved down by Rs. 1.00 (1.34%) to close at Rs. 73.50.
Lanka Milk Foods, Hemas Holdings and John Keells Holdings were also included amongst the top turnover contributors. The share price of Lanka Milk Foods gained Rs. 1.70 (6.01%) to close at Rs. 30.00.
The share price of Hemas Holdings recorded a gain of Rs. 1.80 (2.21%) to close at Rs. 83.10. The share price of John Keells Holdings appreciated by Rs. 1.00 (0.49%) to close at Rs. 204.00.