Sri Lanka, Oct. 28 -- The ASPI edged down as a result of price losses in counters such as C T Holdings, Central Finance Company and Richard Pieris & Company with the turnover crossing Rs. 5.7 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in Ceylon Hospitals, John Keells Holdings and DFCC Bank. Mixed interest was observed in Colombo Dockyard, Sierra Cables and Ambeon Capital whilst retail interest was noted in UB Finance Company, Co-Operative Insurance Company and Tess Agro. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.
The Capital Goods sector was the top contributor to the market turnover (due to Colombo Dockyard and John Keells Holdings) whilst the sector index edged down by 0.01%. The share price of Colombo Dockyard gained Rs
53.00 (24.20%) to close at Rs 272.00. The share price of John Keells Holdings moved down by Rs 0.10 (0.47%) to close at Rs 21.30.
The Banking sector was the second highest contributor to the market turnover (due to DFCC Bank) whilst the sector index edged down by 0.01%. The share price of DFCC Bank recorded a loss of Rs 0.50 (0.31%) to close at Rs 163.00.
Ceylon Hospitals and Ambeon Capital were also included amongst the top turnover contributors. The share price of Ceylon Hospitals increased by Rs 60.25 (25.64%) to close at Rs 295.25. The share price of Ambeon Capital appreciated by Rs 1.60 (3.56%) to close at Rs 46.50.
Published by HT Digital Content Services with permission from Construction World.