ASPI gains 3.3% during November

The ASPI closed in green as a result of price gains in counters such as Aitken Spence Hotel Holdings, Chevron Lubricants and Aitken Spence with the turnover crossing Rs. 3.7 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in Hatton National Bank, John Keells Holdings and John Keells Hotels. Mixed interest was observed in Waskaduwa Beach Resort, Sampath Bank and Ambeon Capital whilst retail interest was noted in Citrus Leisure, Hikkaduwa Beach Resort and Co-Operative Insurance Company. Furthermore, foreigners closed as net sellers.
During the month, the ASPI and the S&P SL20 gained 3.3% and 1.1% respectively, while recording an average turnover of Rs. 3.65 Bn. Consumer Services sector was the top contributor to the market turnover (due to Waskaduwa Beach Resort) whilst the sector index gained 3.84%. The share price of Waskaduwa Beach Resort moved down by Rs. 0.20 (9.09%) to close at Rs. 2.00.
The Banking sector was the second highest contributor to the market turnover (due to Hatton National Bank and Sampath Bank) whilst the sector index edged down by 0.03%. The share price of Hatton National Bank decreased by Rs. 1.00 (0.43%) to close at Rs. 232.50. The share price of Sampath Bank appreciated by Rs. 0.40 (0.41%) to close at Rs. 98.20.
John Keells Holdings and Ambeon Capital were also included amongst the top turnover contributors. The share price of John Keells Holdings lost Rs. 0.30 (1.50%) to close at Rs. 19.70. The share price of Ambeon Capital recorded a gain of Rs. 1.70 (10.0%) to close at Rs. 18.70.`