ASPI gains 4.7% during the month

The ASPI closed in red as a result of price losses in counters such as Bukit Darah, Lion Brewery and Carson Cumberbatch with the turnover crossing Rs. 5.6 Bn.

Meanwhile, the S&P SL20 closed in green. High net worth and institutional investor participation was noted in Aitken Spence, Laugfs Gas and Hayleys. Mixed interest was observed in John Keells Holdings, Chevron Lubricants and JAT Holdings whilst retail interest was noted in Industrial Asphalts, Browns Investments and LOLC Finance. Furthermore, foreigners closed as net sellers.

During the month, the ASPI and the S&P SL20 gained 4.7% and 1.4% respectively, whilst recording an average daily turnover of Rs. 7.49 Bn.

The Capital Goods sector was the top contributor to the market turnover (due to Aitken Spence, Hayleys and John Keells Holdings) whilst the sector index gained 0.56%. The share price of Aitken Spence decreased by Rs 1.00 (0.61%) to close at Rs 163.50. The share price of Hayleys moved down by Rs 0.75 (0.38%) to close at Rs 194.25. The share price of John Keells Holdings appreciated by Rs 0.40 (1.93%) to close at Rs 21.10.

Materials sector was the second highest contributor to the market turnover (due to Chevron Lubricants) whilst the sector index decreased by 0.34%. The share price of Chevron Lubricants recorded a gain of Rs 4.00 (2.22%) to close at Rs 184.00. Laugfs Gas was also included amongst the top turnover contributors. The share price of Laugfs Gas gained Rs 1.50 (2.29%) to close at Rs 67.00.