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The ASPI closed in green as a result of price gains in counters such as Browns Investments, Ceylinco Holdings and Hayleys with the turnover crossing Rs. 1.4 bn.
A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Diesel & Motor Engineering, LB Finance and DFCC Bank.
Mixed interest was observed in Hemas Holdings, Browns Investments and Alumex whilst retail interest was noted in SMB Leasing nonvoting, Hela Apparel Holdings and Raigam Wayamba Salterns. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. The Capital Goods sector was the top contributor to the market turnover (due to Hemas Holdings and John Keells Holdings) whilst the sector index gained 0.73%. The share price of Hemas Holdings increased by Rs 0.50 (0.42%) to close at Rs 119.50. The share price of John Keells Holdings appreciated by Rs 0.10 (0.50%) to close at Rs 20.00. Materials sector was the second highest contributor to the market turnover, whilst the sector index increased by 1.47%. Commercial Bank, DFCC Bank and LB Finance were also included amongst the top turnover contributors.
The share price of Commercial Bank lost Rs 0.75 (0.55%) to close at Rs 135.75. The share price of DFCC Bank closed flat at Rs 103.00. The share price of LB Finance closed flat at Rs. 92.90.