Net foreign inflow for 7 straight sessions

The ASPI edged up as a result of price gains in counters such as Ceylon Cold Stores, Hemas Holdings and Hayleys with the turnover crossing Rs. 3.7 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in Dialog Axiata, Hemas Holdings and Lion Brewery. Mixed interest was observed in ACL Cables, Lanka Milk Foods and Sunshine Holdings whilst retail interest was noted in LVL Energy Fund , Lanka Credit and Business Finance and Maharaja Foods. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.

The Food, Beverage & Tobacco sector was the top contributor to the market turnover (due to Lanka Milk Foods and Sunshine Holdings) whilst the sector index gained 0.91%. The share price of Lanka Milk Foods recorded a gain of Rs 1.20 (2.45%) to close at Rs 50.20. The share price of Sunshine Holdings appreciated by Rs 0.10 (0.41%) to close at Rs 24.40.

The Capital Goods sector was the second highest contributor to the market turnover (due to Hemas Holdings and ACL Cables) whilst the sector index decreased by 0.33%. The share price of Hemas Holdings gained Rs 0.70 (2.73%) to close at Rs 26.30. The share price of ACL Cables moved up by Rs 6.00 (4.54%) to close at Rs 138.25.

Dialog Axiata was also included amongst the top turnover contributors. The share price of Dialog Axiata increased by Rs 0.40 (2.41%) to close at Rs 17.00.