ASPI rises by 3.7% for the day

The ASPI closed in green as a result of price gains in counters such as Commercial Leasing & Finance, Expolanka Holdings and LOLC Holdings with the turnover crossing Rs 6.7 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Lanka Milk Foods, Sampath Bank and John Keells Holdings.

Mixed interest was observed in LOLC Holdings, Commercial Leasing & Finance and Royal Ceramics whilst retail interest was noted in Browns Investments, Lanka Orix Finance and Expolanka Holdings. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

Transportation sector was the top contributor to the market turnover (due to Expolanka Holdings) whilst the sector index gained 7.81%. The share price of Expolanka Holdings increased by Rs 13.75 (7.83%) to close at Rs 189.25.

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index increased by 1.61%. The share price of John Keells

Holdings gained Rs 1.00 (0.74%) closing at Rs 136.00.

Browns Investments, Lanka Orix Finance and LOLC Holdings were also included amongst the top turnover contributors. The share price of Browns Investments moved up by Rs 0.20 (2.11%) to close at Rs 9.70. The share price of Lanka Orix Finance recorded a gain of Rs 1.40 (16.87%) to close at Rs 9.70. The share price of LOLC Holdings appreciated by Rs 40.75 (7.82%) to close at Rs 561.75.