Indices close in green

The ASPI closed in green as a result of price gains in counters such as Colombo Dockyard, Commercial Bank and Sampath Bank with the turnover crossing Rs. 2.8 bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Lanka IOC, Colombo Dockyard and Laugfs Gas. 

Mixed interest was observed in Capital Alliance , Capital Alliance Holdings Limited and Renuka Agri Foods whilst retail interest was noted in UB Finance Company, Browns Investments and Hikkaduwa Beach Resort. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. Diversified Financials sector was the top contributor to the market turnover (due to Capital Alliance and Capital Alliance Holdings Limited) whilst the sector index edged up by 0.04%. 

The share price of Capital Alliance increased by Rs. 13.70 (26.65%) to close at Rs. 65.10. The share price of Capital Alliance Holdings Limited moved up by Rs. 1.40 (8.86%) to close at Rs 17.20. Capital Goods sector was the second highest contributor to the market turnover (due to Colombo Dockyard) whilst the sector index increased by 0.32%. The share price of Colombo Dockyard gained Rs. 10.25 (5.34%) to close at Rs. 202.25. Renuka Agri Foods and Lanka IOC were also included amongst the top turnover contributors. 

The share price of Renuka Agri Foods recorded a gain of Rs. 0.60 (5.61%) to close at Rs. 11.30. The share price of Lanka IOC appreciated by Rs. 2.50 (1.98%) to close at Rs. 128.75.