ASPI records largest daily gain for the year with turnover exceeding Rs. 2 bn

Indices closed in green as a result of price gains in counters such as Commercial Bank, Melstacorp and LOLC Holdings with the turnover crossing Rs. 2.0 bn. 

High net worth and institutional investor participation was noted in Access Engineering, Sampath Bank and Hemas Holdings. 

Mixed interest was observed in Commercial Bank, Hatton National Bank and John Keells Holdings whilst retail interest was noted in SMB Leasing, Browns Investments and Marawila Resorts. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. The Banking sector was the top contributor to the market turnover (due to Commercial Bank, Hatton National Bank and Sampath Bank) whilst the sector index gained 2.16%.

 The share price of Commercial Bank increased by Rs 3.10 (3.41%) to close at Rs. 94.00. 

The share price of Hatton National Bank gained Rs. 3.25 (1.87%) to close at Rs. 177.50. The share price of Sampath Bank appreciated by Rs. 1.00 (1.35%) to close at Rs. 75.00. 

The Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings and Access Engineering) whilst the sector index increased by 1.30%. The share price of John Keells Holdings moved up by Rs. 0.50 (0.30%) to close at Rs. 169.00. The share price of Access Engineering recorded a gain of Rs. 0.40 (1.90%) to close at Rs. 21.40.