Indices close on a positive note

The ASPI closed in green as a result of price gains in counters such as Richard Pieris & Company, Hatton National Bank and John Keells Holdings with the turnover crossing Rs. 582 mn. 

A similar behavior was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Nations Trust Bank, Central Finance Company and Sunshine Holdings. 

Mixed interest was observed in John Keells Holdings, Vallibel One and Commercial Bank voting whilst retail interest was noted in Browns Investments, Commercial Bank rights and Industrial Asphalts. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. 

The capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Vallibel One) whilst the sector index gained 0.93%. The share price of John Keells Holdings increased by Rs. 1.50 (0.84%) to close at Rs. 179.50. 

The share price of Vallibel One gained Rs. 0.90 (2.11%) to close at Rs. 43.60. The food, Beverage & Tobacco sector was the second highest contributor to the market turnover whilst the sector index increased by 0.18%. Nations Trust Bank, Commercial Bank and Central Finance Company were also included amongst the top turnover contributors. 

The share price of Nations Trust Bank closed flat at Rs. 120.00. The share price of Commercial Bank closed flat at Rs. 89.40. The share price of Central Finance Company closed flat at Rs. 105.25.