ASPI up for 6th straight session

The ASPI closed in green as a result of price gains in counters such as Hemas Holdings, Commercial Bank and Aitken Spence with the turnover crossing Rs. 4.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Dialog Axiata, Hemas Holdings and Digital Mobility Solutions Lanka. Mixed interest was observed in Hatton National Bank, ACL Cables and John Keells Holdings whilst retail interest was noted in Nation Lanka Finance, LOLC Finance and Cable Solutions. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

The Capital Goods sector was the top contributor to the market turnover (due to Hemas Holdings and John Keells Holdings) whilst the sector index lost 0.57%. The share price of Hemas Holdings increased by Rs 1.20 (4.56%) to close at Rs 27.50. The share price of John Keells Holdings declined by Rs 0.40 (1.89%) to close at Rs 20.80.

The Banking sector was the second highest contributor to the market turnover (due to Hatton National Bank) whilst the sector index increased by 0.52%. The share price of Hatton National Bank moved down by Rs 1.50 (0.47%) to close at Rs 318.00. 

Dialog Axiata and Digital Mobility Solutions Lanka were also included amongst the top turnover contributors. The share price of Dialog Axiata gained Rs 0.60 (3.53%) to close at Rs 17.60. The share price of Digital Mobility Solutions Lanka recorded a gain of Rs 1.40 (1.90%) to close at Rs 74.90.