Indices continue to close in green

The ASPI closed in green as a result of price gains in counters such as Sampath Bank, Hatton National Bank and Richard Pieris & Company with the turnover crossing Rs. 3.6 Bn. A similar behaviour was witnessed in the S&P SL20.

Crossings were witnessed in Seylan Bank, Hemas Holdings and Ambeon Capital accounting for 45.0% of the turnover. Mixed interest was observed in Sampath Bank, Dipped Products and Hatton National Bank whilst retail interest was noted in Browns Investments, Softlogic Capital and Hela Apparel Holdings. 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 Seylan Bank , Sampath Bank and Hatton National Bank) whilst the sector index gained 1.22%. The share price of Seylan Bank increased by Rs 1.30 (2.24%) to close at Rs 59.30. The share price of Sampath Bank gained Rs 2.30 (2.47%) to close at Rs 95.30. The share price of Hatton National Bank recorded a gain of Rs 3.75 (1.66%) to close at Rs 230.00.

The Capital Goods sector was the second highest contributor to the market turnover (due to Hemas Holdings) whilst the sector index increased by 0.75%. The share price of Hemas Holdings moved up by Rs 0.50 (0.61%) to close at Rs 82.50. Dipped Products was also included amongst the top turnover contributors. The share price of Dipped Products appreciated by Rs 2.10 (5.01%) to close at Rs 44.00.