Indices recover to close in green

The ASPI closed in green as a result of price gains in counters such as Expolanka Holdings, Lanka IOC and Royal Ceramics with the turnover crossing Rs 1.2 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Kahawatte Plantations and R I L Property.
Mixed interest was observed in Lanka IOC, Expolanka Holdings and CIC Holdings whilst retail interest was noted in Industrial Asphalts, Browns Investments and LOLC Finance. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.

Energy sector was the top contributor to the market turnover (due to Lanka IOC) whilst the sector index gained
9.05%. The share price of Lanka IOC increased by Rs 17.75 (10.04%) to close at Rs 194.50.

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings and ACL Cables) whilst the sector index increased by 0.97%. The share price of John Keells Holdings oved up by Rs 0.75 (0.58%) to close at Rs 129.75. The share price of ACL Cables appreciated by Rs 3.30 (3.86%) to close at Rs 88.80.
Expolanka Holdings and CIC Holdings were also included amongst the top turnover contributors. The share price of ExpolankaHoldings gained Rs 10.50 (7.06%) to close at Rs 159.25. The share price of CIC Holdings recorded a gain of Rs 3.10 (3.38%) to close at Rs 94.80.