ASPI edges down

12 July 2024 12:16 am Views - 98

The ASPI edged down as a result of price losses in counters such as John Keells Holdings, Sampath Bank and SMB Leasing nonvoting with the turnover crossing Rs. 541 mn. 

Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in John Keells Holdings, Nations Trust Bank and CIC Holdings. 

Mixed interest was observed in Dipped Products, Hatton National Bank and Melstacorp whilst retail interest was noted in LOLC Finance, Browns Investments and LVL Energy Fund. Furthermore, foreigners closed as net sellers. 
Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index lost 1.34%. The share price of John Keells Holdings decreased by Rs. 4.50 (2.26%) to close at Rs. 194.50. 
The Banking sector was the second highest contributor to the market turnover (due to Nations Trust Bank and Hatton National Bank) whilst the sector index decreased by 0.32%. The share price of Nations Trust Bank lost Rs. 1.00 (0.80%) to close at Rs. 124.00. The share price of Hatton National Bank closed flat at Rs. 195.25. 

CIC Holdings and Dipped Products were also included amongst the top turnover contributors. The share price of CIC Holdings closed flat at Rs. 70.50. The share price of Dipped Products closed flat at Rs. 35.50.