Week ends on a positive note

The ASPI edged up as a result of price gains in counters such as Dialog Axiata, Hayleys and Commercial Bank with the turnover crossing Rs. 2.8 Bn. Meanwhile, the S&P SL20 closed in green. High net worth and institutional investor participation was noted in Hemas Holdings, Commercial Bank, LOLC Holdings. Mixed interest was observed in Ceylon Printers, Dialog Axiata and Sampath Bank whilst retail interest was noted in Ceylon Land & Equity, LOLC Finance and Eastern Merchants. Furthermore,foreigners closed as net sellers.
Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings, Commercial Bank, Hemas Holdings and Dialog Axiata) whilst the sector index edged down by 0.01%. The share price of John Keells Holdings closed flat at Rs 20.70. The share price of Commercial Bank gained Rs 1.00 (0.48%) to close at Rs 209.50. The share price of Hemas Holdings moved up by Rs 0.10 (0.31%) to close at Rs 32.70. The share price of Dialog Axiata recorded a gain of Rs 2.30 (6.53%) to close at Rs 37.50.
The Banking sector was the second highest contributor to the market turnover (due to ) whilst the sector index edged up by 0.01%.
Lolc Holdings was also included amongst the top turnover contributors. The share price of Lolc Holdings appreciated by Rs 0.75 (0.13%) to close at Rs 570.00.