CSE records daily gain of 1.67% with turnover surpassing Rs. 3bn

Indices closed in green as a result of price gains in counters such as Commercial Bank, Hatton National Bank and John Keells Holdings with the turnover crossing Rs. 3.6 bn.

High net worth and institutional investor participation was noted in Citizens Development Business Finance, Hatton National Bank and John Keells Holdings. 

Mixed interest was observed in Sierra Cables, Ceylon Cold Stores and Sampath Bank whilst retail interest was noted in Hela Apparel Holdings, Waskaduwa Beach Resort and Marawila Resorts. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. Capital Goods sector was the top contributor to the market turnover (due to Sierra Cables and John Keells Holdings) whilst the sector index gained 1.79%. 

The share price of Sierra Cables closed flat at Rs. 15.50. The share price of John Keells Holdings recorded a gain of Rs. 0.40 (1.99%) to close at Rs. 20.50. 

Diversified Financials sector was the second highest contributor to the market turnover (due to Citizens Development Business Finance) whilst the sector index increased by 1.91%. The share price of Citizens Development Business Finance closed flat at Rs. 229.50. 

Ceylon Cold Stores and Hatton National Bank were also included amongst the top turnover contributors. The share price of Ceylon Cold Stores moved up by Rs. 1.10 (1.43%) to close at Rs. 78.00. 

The share price of Hatton National Bank appreciated by Rs. 5.75 (1.89%) to close at Rs. 309.50. Furthermore, Lankem Development PLC announced an interim dividend of Rs. 1.00 per share.