Turnover crosses LKR a1.5 Bn

The ASPI closed in green as a result of price gains in counters such as Commercial Bank, Richard Pieris & Company and LOLC Holdings with the turnover crossing Rs. 1.5 Bn. A similar behaviour was witnessed in the S&P SL20. Crossings were witnessed in John Keells Holdings and Hemas Holdings accounting for 47.7% of the turnover. Mixed interest was observed in Commercial Bank, Hayleys Fabric and Distilleries whilst retail interest was noted in LOLC Finance, Dialog Axiata and R I L Property. Furthermore, foreigners remained active closing as net buyers.

Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Hemas Holdings) whilst the sector index gained 0.30%. The share price of John Keells Holdings decreased by Rs. 0.25 (0.13%) to close at Rs. 194.25. The share price of Hemas Holdings moved up by Rs. 0.40 (0.49%) to close at Rs.
81.40. Insurance sector was the second highest contributor to the market turnover (due to Ceylinco Insurance) whilst the sector index decreased by 0.32%. The share price of Ceylinco Insurance lost Rs. 3.75 (0.15%) to close at Rs. 2,479.50.

Commercial Bank and Hayleys Fabric were also included amongst the top turnover contributors. The share price of Commercial Bank recorded a gain of Rs. 1.00 (0.97%) to close at Rs. 104.50. The share price of Hayleys Fabric appreciated by Rs. 0.60 (1.32%) to close at Rs. 46.00.