ASPI gains 2.09% during the day with turnover surpassing LKR 10 Bn

Indices closed in green as a result of price gains in counters such as Sampath Bank, Hatton National Bank and John Keells Holdings with the turnover crossing Rs. 10.2 Bn. High net worth and institutional investor participation was noted in Pan Asia Banking Corporation, Hatton National Bank and Chevron Lubricants. Mixed interest was observed in John Keells Holdings, Sampath Bank and Commercial Bank whilst retail interest was noted in Dankotuwa Porcelain, HNB Finance Nonvoting and Singhe Hospitals. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

During the week, both ASPI and the S&P SL20 gained 2.2%, whilst recording an average daily turnover of Rs. 6.88 Bn.

The Banking sector was the top contributor to the market turnover (due to Pan Asia Banking Corporation, Hatton National Bank and Sampath Bank) whilst the sector index gained 3.01%. The share price of Pan Asia Banking Corporation increased by Rs 3.20 (7.03%) to close at Rs 48.70. The share price of Hatton National Bank moved up by Rs 12.75 (3.82%) to close at Rs 346.75. The share price of Sampath Bank recorded a gain of Rs 5.25 (4.14%) to close at Rs 132.00.

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index increased by 2.62%. The share price of John Keells Holdings gained Rs 0.60 (2.55%) to close at Rs 24.10.

Hayleys Fabric was also included amongst the top turnover contributors. The share price of Hayleys Fabric declined by Rs 0.60 (1.28%) to close at Rs 46.40.