July ends with LKR 4.0 Bn turnover

1 August 2024 12:16 am Views - 60

Indices closed in red as a result of price losses in counters such as John Keells Holdings, Sampath Bank and Melstacorp with the turnover crossing Rs. 3.9 Bn. Crossings were witnessed in Overseas Realty accounting for 74.0% of the turnover. Mixed interest was observed in Hatton National Bank, Sunshine Holdings and Browns Investments whilst retail interest was noted in LOLC Finance, Dialog Axiata and Nation Lanka Finance. Furthermore, foreigners remained active closing as net sellers.
During the month, the ASPI and the S&P SL20 lost 6.1% and 9.0% respectively, whilst recording an average daily turnover of Rs. 1.01 Bn.
Real Estate sector was the top contributor to the market turnover (due to Overseas Realty) whilst the sector index edged down by 0.01%. The share price of Overseas Realty increased by Rs. 0.10 (0.59%) to close at Rs. 17.00.

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index decreased by 5.81%. The share price of John Keells Holdings lost Rs. 17.50 (9.25%) to close at Rs. 171.75.
Hatton National Bank, Dipped Products and Sunshine Holdings were also included amongst the top turnover contributors. The share price of Hatton National Bank moved up by Rs. 0.50 (0.27%) to close at Rs. 188.50. The share price of Dipped Products recorded a loss of Rs. 0.20 (0.58%) to close at Rs. 34.00. The share price of Sunshine Holdings closed flat at Rs. 60.50.