ASPI records a daily gain of 1.88% with turnover reaching the year’s second-highest level at LKR 10.2 Bn

31 December 2024 12:30 am Views - 63

Indices closed in green as a result of price gains in counters such as Hatton National Bank, National Development Bank and Sampath Bank with the turnover crossing Rs. 10.2 Bn. High net worth and institutional investor participation was noted in Commercial Bank, Hatton National Bank, and John Keells Holdings. Mixed interest was observed in Pan Asia Banking Corporation, DFCC Bank and Royal Ceramics whilst retail interest was noted in Ceylon Land & Equity, LOLC Finance and Agstar. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

The Banking sector was the top contributor to the market turnover (due to Hatton National Bank, Commercial Bank, Pan Asia Banking Corporation and DFCC Bank) whilst the sector index gained 4.43%. The share price of Hatton National Bank increased by Rs 15.75 (5.22%) to close at Rs 317.25. The share price of Commercial Bank gained Rs 2.75 (1.96%) to close at Rs 143.00. The share price of Pan Asia Banking Corporation recorded a gain of Rs 1.70 (5.45%) to close at Rs 32.90. The share price of DFCC Bank appreciated by Rs 8.35 (8.40%) to close at Rs 107.75.

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index increased by 1.14%. The share price of John Keells Holdings moved up by Rs 0.30 (1.35%) to close at Rs 22.60.