Week ends in green

The ASPI closed in green as a result of price gains in counters such as Commercial Bank, Bukit Darah and Hayleys with the turnover crossing Rs 653 Mn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Greentech Energy, Hatton National Bank and John Keells Holdings. Mixed interest was observed in Hayleys, Commercial Bank and Commercial Credit & Finance whilst retail interest was noted in LOLC Finance, Browns Investments and Blue Diamonds Jewellery Worldwide. Furthermore, foreigners closed as net sellers.
During the week the ASPI and the S&P SL20 lost 0.9% and 1.5% respectively whilst recording an average daily turnover of Rs. 627 Mn.
Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Hayleys) whilst the sector index gained 0.22%. The share price of John Keells Holdings closed flat at Rs 194.50. The share price of Hayleys recorded a gain of Rs 2.00 (2.02%) to close at Rs 101.00.
Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Melstacorp) whilst the sector index increased by 1.09%. The share price of Melstacorp closed flat at Rs 85.00.
Hatton National Bank and Commercial Bank were also included amongst the top turnover contributors. The share price of Hatton National Bank moved down by Rs 0.25 (0.13%) to close at Rs 195.00. The share price of Commercial Bank appreciated by Rs 2.25 (2.22%) to close at Rs 103.50.