Week ends in green

The ASPI closed in green as a result of price gains in counters such as Sampath Bank, Hayleys and Colombo

Dockyard with the turnover crossing Rs. 4.3 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Hatton National Bank and Colombo Dockyard. Mixed interest was observed in Softlogic Capital, Lanka Milk Foods and Lanka IOC whilst retail interest was noted in Browns Investments, Lanka Credit and Business Finance and HVA Foods. Furthermore, foreigners closed as net sellers.

During the week, the ASPI and the S&P SL20 lost 4.9% and 5.5% respectively, whilst recording an average daily turnover of Rs. 5.04 Bn.

Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Colombo

Dockyard) whilst the sector index gained 2.43%. The share price of John Keells Holdings increased by Rs 0.30 (1.67%) to close at Rs 18.30. The share price of Colombo Dockyard moved up by Rs 7.75 (6.83%) to close at Rs 121.25.

The Banking sector was the second highest contributor to the market turnover (due to Hatton National Bank) whilst the sector index increased by 1.77%. The share price of Hatton National Bank recorded a gain of Rs 1.50 (0.38%) to close at Rs 393.50.

Softlogic Capital and Lanka IOC were also included amongst the top turnover contributors. The share price of Softlogic Capital gained Rs 0.80 (6.06%) to close at Rs 14.00. The share price of Lanka IOC appreciated by Rs 0.75 (0.54%) to close at Rs 139.75.