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YTD net foreign inflow crosses Rs. 4 bn mark

15 Feb 2023 - {{hitsCtrl.values.hits}}      

The ASPI closed in red as a result of price losses in counters such as Commercial Bank, Softlogic Life Insurance and Lanka IOC with the turnover crossing Rs. 2.2 bn. 
A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Nations Trust Bank, Lanka IOC and John Keells Holdings. 
Mixed interest was observed in Softlogic Life Insurance, Aitken Spence and ACL Cables whilst retail interest was noted in Softlogic Capital, Industrial Asphalts and Browns Investments. Furthermore, foreigners remained active closing as net buyers. 


Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings, Aitken Spence and ACL Cables) whilst the sector index lost 1.16%. The share price of John Keells Holdings decreased by Rs. 1.00 (0.71%) to close at Rs. 140.00. The share price of Aitken Spence closed flat at Rs. 150.00. The share price of ACL Cables declined by Rs. 1.40 (1.99%) to close at Rs. 69.10. 


Insurance sector was the second highest contributor to the market turnover (due to Softlogic Life Insurance) whilst the sector index decreased by 4.78%. The share price of Softlogic Life Insurance lost Rs. 25.50 (19.84%) to close at Rs. 103.00.
Softlogic Capital was also included amongst the top turnover contributors. The share price of Softlogic Capital recorded a loss of Rs. 3.90 (24.53%) to close at Rs. 12.00.