Crossings boost turnover

The ASPI closed in green as a result of price gains in counters such as Colombo Dockyard, Teejay Lanka and Ceylon Tobacco Company with the turnover crossing Rs. 8.2 bn. 

Meanwhile, the S&P SL20 edged up. Crossings were witnessed in Commercial Bank, Teejay Lanka and Cargills, accounting for 49.4% of the turnover. 

Mixed interest was observed in Colombo Dockyard, Hayleys and Ceylon Land & Equity whilst retail interest was noted in Industrial Asphalts, Mackwoods Energy and UB Finance Company. 

Furthermore, foreigners remained active closing as net sellers. The Banking sector was the top contributor to the market turnover (due to Commercial Bank) whilst the sector index lost 0.52%. The share price of Commercial Bank edged downby Rs 0.25 (0.11%) to close at Rs 224.50. 

Capital Goods sector was the second highest contributor to the market turnover (due to Colombo Dockyard and Hayleys) whilst the sector index decreased by 0.67%. The share price of Colombo Dockyard moved up by Rs 6.25 (4.29%) to close at Rs 152.00. The share price of Hayleys recorded a gain of Rs 0.50 (0.21%) to close at Rs 240.25. 

Teejay Lanka and Ceylon Land & Equity were also included amongst the top turnover contributors. The share price of Teejay Lanka gained Rs 3.20 (9.52%) to close at Rs 36.80. The share price of Ceylon Land & Equity appreciated by Rs 1.50 (9.93%) to close at Rs 16.60.