ASPI up for 13 straight sessions

The ASPI closed in green as a result of price gains in counters such as Melstacorp, Access Engineering and Union Bank with the turnover crossing Rs. 6.5 bn. 

A similar behaviour was witnessed in the S&P SL20. Crossings were witnessed in Commercial Bank, Melstacorp, and DFCC Bank, accounting for 43.6% of the turnover. 

Mixed interest was observed in Access Engineering, Lanka Aluminium Industries and Sierra Cables whilst retail interest was noted in LVL Energy Fund, Cable Solutions and UB Finance Company. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. 

The Banking sector was the top contributor to the market turnover (due to Commercial Bank) whilst the sector index gained 0.25%. The share price of Commercial Bank decreased by Rs. 0.50 (0.26%) to close at Rs. 193.25. 

Capital Goods sector was the second-highest contributor to the market turnover (due to Access Engineering) whilst the sector index increased by 0.37%. The share price of Access Engineering moved up by Rs. 3.60 (5.82%) to close at Rs. 65.50. Melstacorp, Lanka Milk Foods and Lanka Aluminium Industries were also included amongst the top turnover contributors.

The share price of Melstacorp gained Rs. 6.75 (3.89%) to close at Rs. 180.25. The share price of Lanka Milk Foods recorded a gain of Rs. 1.50 (2.27%) to close at Rs. 67.60. The share price of Lanka Aluminium Industries appreciated by Rs. 4.20 (8.30%) to close at Rs. 54.80.