Week begins in green

Indices closed in green as a result of price gains in counters such as Sampath Bank, Commercial Bank and John Keells Holdings with the turnover crossing Rs. 4.0 Bn. High net worth and institutional investor participation was noted in Amana Takaful, Asiri Surgical Hospital and Hatton National Bank. Mixed interest was observed in Prime Lands Residencies, Commercial Bank and Access Engineering whilst retail interest was noted in Hela Apparel Holdings, Industrial Asphalts and SMB Leasing. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.

Capital Goods sector was the top contributor to the market turnover whilst the sector index gained 3.44%. 

The Banking sector was the second highest contributor to the market turnover (due to Commercial Bank) whilst the sector index increased by 3.32%. The share price of Commercial Bank recorded a gain of Rs 7.00 (3.46%) to close at Rs 209.25.

Asiri Surgical Hospital, Prime Lands Residencies, Amana Takaful and Softlogic Capital were also included amongst the top turnover contributors. The share price of Asiri Surgical Hospital increased by Rs 1.40 (8.09%) to close at Rs 18.70. The share price of Prime Lands Residencies gained Rs 6.80 (16.23%) to close at Rs 48.70. The share price of Amana Takaful moved up by Rs 1.50 (7.08%) to close at Rs 22.70. The share price of Softlogic Capital appreciated by Rs 2.30 (18.55%) to close at Rs 14.70.