ASPI loses 1.1% during the week

The ASPI closed in green as a result of price gains in counters such as Ceylon Beverage Holdings, Commercial Bank and Ceylinco Insurance with the turnover crossing Rs. 1.9 bn. 
A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hatton National Bank, John Keells Holdings and Pan Asia Banking Corporation. 
Mixed interest was observed in Seylan Bank, Sampath Bank and Dipped Products whilst retail interest was noted in Industrial Asphalts, Waskaduwa Beach Resort and Softlogic Holdings. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. During the week, the ASPI and S&P SL20 lost 1.1% and 2.7% respectively, whilst recording an average turnover was Rs. 4.65 bn. 
The Banking sector was the top contributor to the market turnover (due to Seylan Bank, Pan Asia Banking Corporation, Sampath Bank and Hatton National Bank) whilst the sector index gained 0.87%. 
The share price of Seylan Bank increased by Rs. 4.30 (7.99%) to close at Rs. 58.10. The share price of Pan Asia Banking Corporation gained Rs. 0.50 (1.89%) to close at Rs. 27.00. The share price of Sampath Bank recorded a gain of Rs. 0.40 (0.43%) to close at Rs. 94.10. 
The share price of Hatton National Bank closed flat at Rs. 229.00. Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index edged down by 0.09%. The share price of John Keells Holdings moved down by Rs. 0.10 (0.50%) to close at Rs. 19.90.