Indices close in green

The ASPI closed in green as a result of price gains in counters such as Hayleys, Colombo Dockyard and Sampath Bank with the turnover crossing Rs. 9.8 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hatton National Bank, Renuka Foods and Central Finance Company. Mixed interest was observed in Colombo Dockyard, Hayleys and ACL Cables whilst retail interest was noted in Lanka Credit and Business Finance, Renuka Agri Foods and Hikkaduwa Beach Resort. 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 Colombo Dockyard, Hayleys and ACL Cables) whilst the sector index gained 2.66%. The share price of Colombo Dockyard increased by Rs 29.50 (25.93%) to close at Rs 143.25. The share price of Hayleys moved up by Rs 30.50 (13.99%) to close at Rs 248.50. The share price of ACL Cables appreciated by Rs 1.75 (1.66%) to close at Rs 107.00.

The Banking sector was the second highest contributor to the market turnover (due to Hatton National Bank) whilst the sector index increased by 0.35%. The share price of Hatton National Bank gained Rs 2.75 (0.65%) to close at Rs 423.25. 

Renuka Foods was also included amongst the top turnover contributors. The share price of Renuka Foods recorded a gain of Rs 5.10 (7.63%) to close at Rs 71.90.