Week commences in green

The ASPI closed in green as a result of price gains in counters such as Hayleys, LOLC Holdings and Nations Trust Bank nonvoting with the turnover crossing Rs 1.6 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Commercial Bank and Sampath Bank.

Mixed interest was observed in Hayleys, Hatton National Bank and Nations Trust Bank whilst retail interest was noted in Marawila Resorts, Browns Investments and LOLC Finance. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Hayleys) whilst the sector index closed flat 0.00%. The share price of John Keells Holdings decreased by Rs 2.00 (0.97%) to close at Rs 204.00. The share price of Hayleys gained Rs 4.15 (4.32%) to close at Rs 100.25.

The Banking sector was the second highest contributor to the market turnover (due to Hatton National Bank, Commercial Bank and Sampath Bank) whilst the sector index increased by 0.53%. The share price of Hatton National Bank moved up by Rs 0.25 (0.12%) to close at Rs 205.50. The share price of Commercial Bank closed flat at Rs 108.75. The share price of Sampath Bank appreciated by Rs 0.80 (1.00%) to close at Rs 80.90.