Indices continue to close on positive note

The ASPI closed in green as a result of price gains in counters such as Commercial Bank, Hatton National Bank and Ceylinco Insurance with the turnover crossing Rs. 3.1 bn. 
Similar behavior was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Nations Trust Bank, Dankotuwa Porcelain, Aitken Spence Hotel Holdings, and Richard Pieris & Company. 
Mixed interest was observed in Capital Alliance, DFCC Bank and Teejay Lanka whilst retail interest was noted in SMB Leasing voting and nonvoting, Browns Investments and Softlogic Capital.

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 (due to Nations Trust Bank, DFCC Bank and Commercial Bank) whilst the sector index gained 2.67%. 
The share price of Nations Trust Bank increased by Rs. 3.60 (4.25%) to close at Rs. 88.40. The share price of DFCC Bank moved up by Rs. 4.90 (8.31%) to close at Rs. 63.90. 
The share price of Commercial Bank appreciated by Rs. 2.20 (2.60%) to close at Rs. 86.70. 

Diversified Financials sector was the second highest contributor to the market turnover (due to Capital Alliance) whilst the sector index increased by 0.58%. The share price of Capital Alliance gained Rs. 3.50 (7.22%) to close at Rs. 52.00. 
Teejay Lanka was also included among the top turnover contributors. The share price of Teejay Lanka recorded a gain of Rs. 1.50 (4.62%) to close at Rs. 34.00.