Indices recover to close in green

The ASPI closed in green as a result of price gains in counters such as Sampath Bank, DFCC Bank and C T Holdings 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 Amana Bank, Access Engineering and Teejay Lanka. 

Mixed interest was observed in Browns Investments, Hatton National Bank and LOLC Holdings whilst retail interest was noted in LOLC Finance, Waskaduwa Beach Resort and Dialog Axiata.

Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. The Banking sector was the top contributor to the market turnover (due to Hatton National Bank and Amana Bank) whilst the sector index gained 0.76%. The share price of Hatton National Bank edged up by Rs. 0.25 (0.07%) to close at Rs. 334.25. 

The share price of Amana Bank moved down by Rs. 0.10 (0.40%) to close at Rs. 25.00. Capital Goods sector was the second highest contributor to the market turnover (due to Access Engineering) whilst the sector index increased by 0.79%. 

The share price of Access Engineering recorded a gain of Rs. 1.10 (2.83%) to close at Rs. 40.00. Browns Investments and Teejay Lanka were also included amongst the top turnover contributors.

The share price of Browns Investments gained Rs. 0.10 (1.18%) to close at Rs. 8.60. The share price of Teejay Lanka closed flat at Rs. 54.80.