Week ends in green

Indices closed in green as a result of price gains in counters such as Hatton National Bank, Hatton National Bank nonvoting and LOLC Holdings with the turnover crossing Rs. 3.7 Bn. High net worth and institutional investor participation was noted in Amana Bank, Sampath Bank and Lanka Milk Foods. Mixed interest was observed in Browns Investments, Hatton National Bank and LOLC Holdings whilst retail interest was noted in LOLC Finance, Industrial Asphalts and LVL Energy Fund. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.
During the week, the ASPI and the S&P SL 20 lost 0.8% and 1.1% respectively, whilst recording an average daily turnover of Rs. 5.24 Bn.
The Banking sector was the top contributor to the market turnover (due to Hatton National Bank and Amana Bank) whilst the sector index gained 1.29%. The share price of Hatton National Bank gained Rs 13.75 (4.44%) to close at Rs 323.50. The share price of Amana Bank appreciated by Rs 0.50 (1.98%) to close at Rs 25.70.
The Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Browns Investments) whilst the sector index increased by 0.31%. The share price of Browns Investments increased by Rs 0.20 (2.60%) to close at Rs 7.90.
John Keells Holdings and LOLC Holdings were also included amongst the top turnover contributors. The share price of John Keells Holdings moved up by Rs 0.10 (0.42%) to close at Rs 23.90. The share price of LOLC Holdings recorded a gain of Rs 16.50 (2.47%) to close at Rs 684.25.