Sep begins with ASPI crossing the 21,000 mark

The ASPI closed in green as a result of price gains in counters such as Central Finance Company, Diesel & Motor Engineering and Melstacorp with the turnover crossing Rs. 13.2 Bn. Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in John Keells Holdings, Commercial Bank and C T Holdings. Mixed interest was observed in Prime Lands Residencies, RIL Property and Sierra Cables whilst retail interest was noted in Tess Agro, SMB Leasing and Muller & Phipps.

Furthermore, foreigners remained active closing as net sellers.

The Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index lost 0.51%. The share price of John Keells Holdings decreased by Rs 0.30 (1.29%) to close at Rs 23.00.

The Banking sector was the second highest contributor to the market turnover (due to Commercial Bank) whilst the sector index edged down by 0.10%. The share price of Commercial Bank closed flat at Rs 194.75. Prime Lands Residencies, CT Holdings and RIL Property were also included amongst the top turnover contributors. The share price of Prime Lands

Residencies moved up by Rs 3.00 (12.00%) to close at Rs 28.00. The share price of C T Holdings edged up of Rs 0.25 (0.04%) to close at Rs 702.00. The share price of RIL Property appreciated by Rs 1.90 (6.55%) to close at Rs 30.90.