ASPI crosses the 12,000 mark

Indices closed in green as a result of price gains in counters such as John Keells Holdings, Sampath Bank and Hatton National Bank with the turnover crossing Rs. 2.8 Bn. High net worth and institutional investor participation was noted in Sampath Bank, Hatton National Bank and Chevron Lubricants. Mixed interest was observed in Commercial Bank, John Keells Holdings and Digital Mobility Solutions Lanka whilst retail interest was noted in LVL Energy Fund, Agarapatana Plantations and Industrial Asphalts. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.
During the week, the ASPI and the S&P SL 20 gained 2.4% and 3.9% respectively, whilst recording an average daily turnover of Rs. 2.52 Bn.

The Banking sector was the top contributor to the market turnover (due to Sampath Bank, Hatton National Bank and Commercial Bank) whilst the sector index gained 1.70%. The share price of Sampath Bank increased by Rs. 2.30 (2.91%) to close at Rs. 81.30. The share price of Hatton National Bank gained Rs. 3.00 (1.41%) to close at Rs. 215.25. The share price of Commercial Bank moved up by Rs. 1.00 (0.96%) to close at Rs. 105.00.
Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index increased by 2.27%. The share price of John Keells Holdings recorded a gain of Rs. 5.75 (3.19%) to close at Rs. 186.25.
Chevron Lubricants was also included amongst the top turnover contributors. The share price of Chevron Lubricants appreciated by Rs. 1.75 (1.43%) to close at Rs. 124.50.