Indices continue to close on positive note

The ASPI closed in green as a result of price gains in counters such as John Keells Holdings, Commercial Bank and Lanka IOC with the turnover crossing Rs. 2.7 bn. 
Similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Richard Pieris & Company, and Hemas Holdings. 
Mixed interest was observed in Commercial Bank, National Development Bank and CIC Holdings nonvoting whilst retail interest was noted in Pan Asia Banking Corporation, Browns Investments, and SMB Leasing nonvoting. 

Furthermore, foreigners closed as net buyers. Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Richard Pieris & Company) whilst the sector index gained 1.37%. The share price of John Keells Holdings increased by Rs. 3.75 (1.92%) to close at Rs. 199.50. The share price of Richard Pieris & Company gained Rs. 0.40 (1.67%) to close at Rs. 24.40. 

The Banking sector was the second highest contributor to the market turnover (due to Commercial Bank and National Development Bank) whilst the sector index increased by 0.33%. The share price of Commercial Bank moved up by Rs. 1.50 (1.45%) to close at Rs. 105.00. 
The share price of National Development Bank recorded a gain of Rs. 1.10 (1.34%) to close at Rs. 82.90. CIC Holdings nonvoting was also included amongst the top turnover contributors. The share price of CIC Holdings nonvoting appreciated by Rs. 1.80 (3.20%) to close at Rs. 58.00.