Crossings boost turnover to LKR 3.9 Bn

The ASPI edged up as a result of price gains in counters such as Ceylon Tobacco Company, Bukit Darah and Hatton National Bank with the turnover crossing Rs 3.9 Bn. Meanwhile, the S&P SL20 closed in red. Crossings were witnessed in Commercial Bank, Agarapatana Plantations and Hayleys accounting for 74.8% of the turnover. Mixed interest was observed in John Keells Holdings, Hatton National Bank and LB Finance whilst
retail interest was noted in Browns Investments, Softlogic Capital and Vidullanka. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.

The Banking sector was the top contributor to the market turnover (Commercial Bank and Hatton National Bank) whilst the sector index gained 0.28%. The share price of Commercial Bank increased by Rs 0.25 (0.24%) to close at Rs 106.00. The share price of Hatton National Bank moved up by Rs 1.00 (0.49%) to close at Rs 206.00.
Capital Goods sector was the second highest contributor to the market turnover (John Keells Holdings and Hayleys) whilst the sector index decreased by 0.36%. The share price of John Keells Holdings lost Rs 0.50 (0.24%) to close at Rs 206.00. The share price of Hayleys recorded a gain of Rs 0.25 (0.24%) to close at Rs 106.00.

LB Finance was also included amongst the top turnover contributors. The share price of LB Finance appreciated by Rs 0.50 (0.70%) to close at Rs 72.30.