Indices continue to close in green

The ASPI edged up as a result of price gains in counters such as Commercial Bank, John Keells Holdings and ACL Cables with the turnover crossing Rs.3.0bn. 

Meanwhile, the S&P SL20 closed in green. High net worth and institutional investor participation was noted in John Keells Holdings, Commercial Bank and Alumex.

Mixed interest was observed in ACL Cables, Bairaha Farms and Cable Solutions whilst retail interest was noted in LOLC Finance, Nawaloka Hospitals and LVL Energy Fund. 

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 John Keells Holdings and ACL Cables) whilst the sector index gained 0.66%. The share price of John Keells Holdings increased by Rs. 0.20 (0.99%) to close at Rs. 20.50. The share price of ACL Cables appreciated by Rs. 3.35 (3.40%) to close at Rs. 101.75. 

The Banking sector was the second highest contributor to the market turnover (due to Commercial Bank) whilst the sector index increased by 0.22%. The share price of Commercial Bank gained Rs. 2.25 (1.08%) to close at Rs. 210.75. 

Prime Lands Residencies and Alumex were also included amongst the top turnover contributors. The share price of Prime Lands Residencies moved down by Rs. 0.20 (0.40%) to close at Rs. 49.20. The share price of Alumex recorded a gain of Rs. 0.10 (0.59%) to close at Rs. 17.10.