Indices gain with turnover crossing LKR 5 Bn

The ASPI closed in green as a result of price gains in counters such as Sampath Bank, Bukit Darah and Hayleys with the turnover crossing Rs. 5.1 Bn. A similar behaviour was witnessed in the S&P SL20.

High net worth and institutional investor participation was noted in C T Holdings, Hatton National Bank and National Development Bank. Mixed interest was observed in Hemas Holdings, Nations Trust Bank and Sampath Bank whilst retail interest was noted in Alumex, Industrial Asphalts and Sierra Cables. Furthermore, foreigners closed as net sellers.

The Banking sector was the top contributor to the market turnover (due to Hatton National Bank, Nations Trust Bank and National Development Bank) whilst the sector index gained 1.61%. The share price of Hatton National Bank increased by Rs. 3.75 (1.21%) to close at Rs. 313.75. The share price of Nations Trust Bank moved up by Rs. 3.00 (1.54%) to close at Rs. 198.00. The share price of National Development Bank appreciated by Rs. 2.50 (2.22%) to close at Rs. 115.25.

Capital Goods sector was the second highest contributor to the market turnover (due to Hemas Holdings) whilst the sector index increased by 1.25%.

The share price of Hemas Holdings recorded a gain of Rs. 3.00 (2.65%) to close at Rs.. 116.00. C T Holdings was also included amongst the top turnover contributors. The share price of C T Holdings closed flat at Rs. 330.25.