Week begins in green

The ASPI closed in green as a result of price gains in counters such as Colombo Dockyard, Richard Pieris & Company and Sampath Bank with the turnover crossing Rs. 2.8 Bn. Meanwhile, the S&P SL20 edged up. High net worth and institutional investor participation was noted in Hemas Holdings, Tokyo Cement Company and Hatton National Bank. Mixed interest was observed in Colombo Dockyard, Sampath Bank and Access Engineering whilst retail interest was noted in SMB Leasing, Co-Operative Insurance Company and Waskaduwa Beach Resort.
Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.
The Capital Goods sector was the top contributor to the market turnover (due to Hemas Holdings, Colombo Dockyard and Access Engineering) whilst the sector index gained 0.66%. The share price of Hemas Holdings increased by Rs 0.60 (1.75%) to close at Rs 34.80. The share price of Colombo Dockyard moved up by Rs 15.25 (12.30%) to close at Rs 139.25. The share price of Access Engineering appreciated by Rs 0.80 (1.12%) to close at Rs 72.00.
The Banking sector was the second highest contributor to the market turnover (due to Hatton National Bank) whilst the sector index edged up by 0.11%. The share price of Hatton National Bank lost Rs 2.00 (0.52%) to close at Rs 384.75.
Tokyo Cement Company was also included amongst the top turnover contributors. The share price of Tokyo Cement Company recorded a gain of Rs 3.00 (3.03%) to close at Rs 102.00.