Crossings boost turnover

The ASPI closed in green as a result of price gains in counters such as Hemas Holdings, Sampath Bank and Vidullanka with the turnover crossing Rs. 8.8bn. 

A similar behaviour was witnessed in the S&P SL20. Crossings were witnessed in Hemas Holdings, DFCC Bank and Hatton National Bank nonvoting accounting for 40.3% of the turnover. 

Mixed interest was observed in Central Finance Company, Lanka IOC and Dipped Products whilst retail interest was noted in SMB Leasing, LVL Energy Fund and UB Finance Company. Furthermore, foreigners closed as net sellers. 

The Banking sector was the top contributor to the market turnover (due to DFCC Bank, Hatton National Bank nonvoting and Seylan Bank) whilst the sector index gained 0.59%. 

The share price of DFCC Bank gained Rs. 0.75 (0.48%) to close at Rs. 156.00. The share price of Hatton National Bank nonvoting recorded a gain of Rs. 4.25 (1.37%) to close at Rs. 314.25. The share price of Seylan Bank appreciated by Rs. 3.00 (2.88%) to close at Rs. 107.00. 

Capital Goods sector was the second highest contributor to the market turnover (due to Hemas Holdings) whilst the sector index increased by 0.44%. The share price of Hemas Holdings increased by Rs. 1.00 (2.93%) to close at Rs. 35.10. 

Central Finance Company was also included amongst the top turnover contributors. The share price of Central Finance Company moved up by Rs. 3.75 (1.27%) to close at Rs. 299.00.