Indices continue to close in green

The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Central Finance Company and National Development Bank with the turnover crossing Rs. 6.2 bn. 

A similar behaviour was witnessed in the S&P SL20. 

High net worth and institutional investor participation was noted in John Keells Holdings, Piramal Glass and Access Engineering. 

Mixed interest was observed in Overseas Realty, Ambeon Capital and National Development Bank whilst retail interest was noted in Industrial Asphalts, CoOperative Insurance Company and Browns Investments. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. 

The Banking sector was the top contributor to the market turnover (due to National Development Bank and DFCC Bank) whilst the sector index gained 0.86%. The share price of National Development Bank recorded a gain of Rs. 3.50 (2.69%) to close at Rs. 133.75. 

The share price of DFCC Bank declined by Rs. 0.25 (0.18%) to close at Rs. 139.00. 

The Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index edged down by 0.04%. The share price of John Keells Holdings closed flat at Rs. 25.00. Overseas Realty and Ambeon Capital were also included amongst the top turnover contributors. The share price of Overseas Realty gained Rs. 2.40 (7.14%) to close at Rs. 36.00. The share price of Ambeon Capital moved up by Rs. 1.70 (6.54%) to close at Rs. 27.70.