ASPI loses 2.5% during the week

The ASPI edged down as a result of price losses in counters such as Hayleys, Windforce and Digital Mobility Solutions Lanka with the turnover crossing Rs. 2.9 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in John Keells Holdings, Access Engineering and Amana Takaful. Mixed interest was observed in Ceylon Cold Stores, Digital Mobility Solutions Lanka and Sunshine Holdings whilst retail interest was noted in Hela Apparel Holdings, Browns Investments and Renuka Agri Foods. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.

During the week, the ASPI and the S&P SL20 lost 2.5% and 2.2% respectively, whilst recording an average daily turnover of Rs. 2.30 Bn. 

Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Access Engineering) whilst the sector index lost 0.18%. The share price of John Keells Holdings closed flat at Rs 20.00. The share price of Access Engineering lost Rs 0.50 (0.66%) to close at Rs 75.00. 

Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Ceylon Cold Stores) whilst the sector index increased by 0.53%. The share price of Ceylon Cold Stores moved up by Rs 3.75 (2.81%) to close at Rs 137.00.

Digital Mobility Solutions Lanka and Amana Takaful were also included amongst the top turnover contributors. The share price of Digital Mobility Solutions Lanka recorded a loss of Rs 2.50 (1.52%) to close at Rs 162.50. The share price of Amana Takaful appreciated by Rs 0.10 (0.45%) to close at Rs 22.10.