ASPI surpasses the 19,000 mark

The ASPI closed in green as a result of price gains in counters such as DFCC Bank, Central Finance Company and Co-Operative Insurance Company with the turnover crossing Rs. 5.3 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in Sunshine Holdings, Central Finance Company and Access Engineering. Mixed interest was observed in RIL Property, Singer Sri Lanka and Lanka Realty Investments whilst retail interest was noted in Co- Operative Insurance Company, Browns Investments and Prime Lands Residencies. 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 Central Finance Company) whilst the sector index gained 1.48%. The share price of Central Finance Company recorded a gain of Rs 11.00 (4.00%) to close at Rs 286.00.

Capital Goods sector was the second highest contributor to the market turnover (due to Access Engineering) whilst the sector index decreased by 0.82%. The share price of Access Engineering lost Rs 2.30 (3.68%) to close at Rs 60.20.

RIL Property, Sunshine Holdings and Singer Sri Lanka were also included amongst the top turnover contributors. The share price of RIL Property increased by Rs 1.60 (5.61%) to close at Rs 30.10. The share price of Sunshine Holdings moved up by Rs 0.60 (2.22%) to close at Rs 27.60. The share price of Singer Sri Lanka appreciated by Rs 4.30 (7.82%) to close at Rs 59.30.