Week begins in green

Indices closed in green as a result of price gains in counters such as Dialog Axiata, Commercial Bank and John Keells Holdings with the turnover crossing Rs. 2.4 Bn. High net worth and institutional investor participation was noted in Ceylon Cold Stores, Dialog Axiata and LB Finance. Mixed interest was observed in Commercial Bank, Lanka Milk Foods and Softlogic Life Insurance whilst retail interest was noted in Teejay Lanka, Softlogic Capital and Agstar. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.
Capital Goods sector was the top contributor to the market turnover (due to Colombo Dockyard) whilst the sector index gained 2.19%. The share price of Colombo Dockyard recorded a gain of Rs 5.00 (3.77%) to close at Rs 137.50. 
Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Ceylon Cold Stores) whilst the sector index increased by 2.41%. The share price of Ceylon Cold Stores gained Rs 5.25 (4.20%) to close at Rs 130.25.
Teejay Lanka, Softlogic Life Insurance and Dialog Axiata were also included amongst the top turnover contributors. The share price of Teejay Lanka increased by Rs 0.30 (0.96%) to close at Rs 31.60. The share price of Softlogic Life Insurance moved up by Rs 3.20 (3.60%) to close at Rs 92.00. The share price of Dialog Axiata appreciated by Rs 2.60 (6.97%) to close at Rs 39.90.