Indices closed in green

The ASPI closed in green as a result of price gains in counters such as CT Holdings, Colombo Dockyard and Access Engineering with the turnover crossing Rs. 7.8 Bn. A similar behaviour was witnessed in the S&P SL20.

High net worth and institutional investor participation was noted in Seylan Bank nonvoting, Access Engineering and Commercial Bank nonvoting. Mixed interest was observed in RIL Property, John Keells Holdings and Pan Asia Banking Corporation whilst retail interest was noted in Hela Apparel Holdings, Waskaduwa Beach Resort and Lanka Walltiles. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

The Capital Goods sector was the top contributor to the market turnover (due to Access Engineering and John Keells Holdings) whilst the sector index gained 1.15%. The share price of Access Engineering increased by Rs 3.20 (7.32%) to close at Rs 46.90. The share price of John Keells Holdings moved up by Rs 0.20 (0.88%) to close at Rs 23.00.

The Banking sector was the second highest contributor to the market turnover (due to Pan Asia Banking Corporation and Seylan Bank nonvoting) whilst the sector index increased by 0.38%. The share price of Pan Asia Banking Corporation recorded a gain of Rs 0.70 (1.54%) to

close at Rs 46.30. The share price of Seylan Bank nonvoting appreciated by Rs 1.20 (2.04%) to close at Rs 60.10.

RIL Property was also included amongst the top turnover contributors. The share price of RIL Property gained Rs 2.90 (13.06%) to close at Rs 25.10.