During the week, ASPI gains 2.3%

The ASPI closed in green as a result of price gains in counters such as Central Finance Company, Hayleys and John Keells Holdings with the turnover crossing Rs. 7.6 Bn.

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Dialog Axiata and Hatton National Bank. Mixed interest was observed in Capital Alliance Holdings Limited, Aitken Spence and Access Engineering whilst retail interest was noted in Marawila Resorts, Ceylon Land & Equity and hSenid Business Solutions. Furthermore, foreigners closed as net buyers.

During the week, the ASPI and the S&P SL 20 gained 2.3% and 3.1% respectively, whilst recording an average daily turnover of Rs. 9.88 Bn.

The Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index gained 0.60%. The share price of John Keells Holdings increased by Rs 0.20 (0.79%) to close at Rs 25.50.

The Banking sector was the second highest contributor to the market turnover (due to Hatton National Bank and Seylan Bank nonvoting) whilst the sector index increased by 0.30%. The share price of Hatton National Bank moved down by Rs 1.00 (0.28%) to close at Rs 358.50. The share price of Seylan Bank nonvoting appreciated by Rs 1.50 (2.31%) to close at Rs 66.30.

Dialog Axiata and Capital Alliance Holdings Limited were also included amongst the top turnover contributors. The share price of Dialog Axiata gained Rs 0.10 (0.52%) to close at Rs 19.20. The share price of Capital Alliance Holdings Limited recorded a gain of Rs 1.90 (12.03%) to close at Rs 17.70.