Indices continue to close in green

The ASPI closed in green as a result of price gains in counters such as LOLC Holdings, Browns Investments and John Keells Holdings with the turnover crossing Rs. 4.3 bn.

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Asia Asset Finance, Ambeon Capital and John Keells Holdings. 

Mixed interest was observed in LOLC Holdings, Browns Investments and John Keells Holdings whilst retail interest was noted in Waskaduwa Beach Resort, Co-Operative Insurance Company and Renuka Agri Foods. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. 
The Diversified Financials sector was the top contributor to the market turnover (due to LOLC Holdings) whilst the sector index gained 3.44%. The share price of LOLC Holdings increased by Rs. 37.00 (7.76%) to close at Rs. 513.75. 

The Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings and Hemas Holdings) whilst the sector index increased by 0.66%. The share price of John Keells Holdings gained Rs. 0.20 (0.96%) to close at Rs. 21.00. 

The share price of Hemas Holdings recorded a gain of Rs 0.70 (0.77%) to close at Rs. 91.80. Browns Investments and Seylan Bank nonvoting were also included amongst the top turnover contributors. 

The share price of Browns Investments moved up by Rs. 0.40 (6.67%) to close at Rs. 6.40. The share price of Seylan Bank nonvoting appreciated by Rs. 1.30 (2.96%) to close at Rs. 45.20.