Week begins in green

The ASPI closed in green as a result of price gains in counters such as Dialog Axiata, Sampath Bank and Carson Cumberbatch with the turnover crossing Rs. 2.9 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation

was noted in Colombo Land & Development Company, Kotagala Plantations and Dipped Products. Mixed interest was observed in Maharaja Foods, Vidullanka and Lanka Milk Foods whilst retail interest was noted in ACME Printing & Packaging, Mackwoods Energy and Merchant Bank of Sri Lanka & Finance. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. Food, Beverage & Tobacco sector was the top contributor to the market turnover (due to Maharaja Foods , Kotagala Plantations and Lanka Milk Foods) whilst the sector index gained 1.00%. The share price of Maharaja Foods gained Rs 2.30 (15.86%) to close at Rs 16.80. The share price of Kotagala Plantations recorded a gain of Rs 0.60 (6.67%) to close at Rs 9.60. The share price of Lanka Milk Foods appreciated by Rs 0.40 (0.43%) to close at Rs 92.40. Capital Goods sector was the second highest contributor to the market turnover, whilst the sector index increased by 0.43%. Colombo Land & Development Company and Vidullanka were also included amongst the top turnover contributors. The share price of Colombo Land & Development Company increased by Rs 0.60 (0.97%) to close at Rs 62.50. The share price of Vidullanka moved up by Rs 1.00 (4.35%) to close at Rs 24.00.