Indices record gains for 3rd consecutive day

The ASPI closed in green as a result of price gains in counters such as Expolanka Holdings, Browns Investments and Melstacorp with the turnover crossing Rs. 2.8 bn. 
A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Melstacorp and Ceylon Cold Stores.

Mixed interest was observed in Expolanka Holdings, Lanka IOC and ACL Cables, whilst retail interest was noted in Browns Investments, First Capital Holdings and First Capital Treasuries. 
Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. Transportation sector was the top contributor to the market turnover (due to Expolanka Holdings), whilst the sector index gained 3.97%. 

The share price of Expolanka Holdings increased by Rs. 7.25 (3.98%) to close at Rs. 189.50. Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Browns Investments and Melstacorp), whilst the sector index increased by 2.00%. 

The share price of Browns Investments moved up by Rs. 0.40 (6.56%) to close at Rs. 6.50. The share price of Melstacorp appreciated by Rs. 2.00 (4.38%) to close at R.s 47.70. Lanka IOC and First Capital Holdings were also included amongst the top turnover contributors. 
The share price of Lanka IOC lost Rs. 1.75 (0.92%) to close at Rs. 187.75. The share price of First Capital Holdings recorded a gain of Rs. 2.70 (13.43%) to close at Rs. 22.80.