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The ASPI closed in green as a result of price gains in counters such as Ceylinco Holdings, Melstacorp and Hayleys with the turnover crossing Rs. 4.8 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Lion Brewery, Ambeon Capital and Ceylinco Holdings. Mixed interest was observed in Hatton National Bank, R I L Property and Hemas Holdings whilst retail interest was noted in Hela Apparel Holdings, Agarapatana Plantations and LOLC Finance. Furthermore, foreigners closed as net sellers.
During the week, the ASPI and the S&P SL20 gained 1.2% and 0.9% respectively, whilst recording an average daily turnover of Rs. 3.23 Bn.
The Banking sector was the top contributor to the market turnover (due to Hatton National Bank) whilst the sector index gained 1.47%. The share price of Hatton National Bank increased by Rs 3.25 (0.99%) to close at Rs 331.50.
The Capital Goods sector was the second highest contributor to the market turnover (due to Hemas Holdings and Hayleys) whilst the sector index increased by 2.26%. The share price of Hemas Holdings recorded a gain of Rs 3.75 (3.33%) to close at Rs 116.50. The share price of Hayleys appreciated by Rs 6.00 (4.42%) to close at Rs 141.75.
R I L Property and Lion Brewery were also included amongst the top turnover contributors. The share price of R I L Property gained Rs 1.90 (12.67%) to close at Rs 16.90. The share price of Lion Brewery moved down by Rs 25.25 (1.98%) to close at Rs 1,250.75.