Week ends in green

The ASPI closed in green as a result of price gains in counters such as Ceylon Cold Stores, Haycarb and Dialog Axiata with the turnover crossing Rs. 2.0 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Commercial Bank, John Keells Holdings and Ceylon Cold Stores. Mixed interest was observed in Sampath Bank, Haycarb and Aitken Spence whilst retail interest wasnoted in Softlogic Holdings, HNB Finance and Panasian Power. Furthermore, foreigners remained active closing as net sellers.

During the week, the ASPI and the S&P SL20 has lost 1.9% and 1.9% respectively, whilst recording an average daily turnover of Rs. 1.72 Bn.

The Banking sector was the top contributor to the market turnover (due to Commercial Bank and Sampath Bank) whilst the sector index edged down by 0.04%. The share price of Commercial Bank closed flat at Rs 205.25. The share price of Sampath Bank moved down by Rs 1.00 (0.72%) to close at Rs 138.75.

Capital Goods sector was the second highest contributor to the market turnover (due to Aitken Spence and John Keells Holdings) whilst the sector index increased by 0.71%. The share price of Aitken Spence recorded a gain of Rs 0.75 (0.51%) to close at Rs 148.75. The share price of John Keells Holdings appreciated by Rs 0.10 (0.50%) to close at Rs 20.00.

Ceylon Cold Stores was also included amongst the top turnover contributors. The share price of Ceylon Cold Stores gained Rs 4.25 (3.43%) to close at Rs 128.00.