ASPI records 5% gain for the week

The ASPI closed in green as a result of price gains in counters such as Expolanka Holdings, Lanka Orix Finance and LOLC Holdings with the turnover crossing Rs 9.1 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Lanka Realty Investments and Sampath Bank. Mixed interest was observed in Expolanka Holdings, Royal Ceramics and LOLC Holdings, whilst retail interest was noted in Browns Investments, Lanka Orix

Finance and Swisstek. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

During the month, the ASPI and the S&P SL20 gained 5.06% and 4.03% respectively, whilst recording an average daily turnover of Rs 7.89 Bn.

Food, Beverage & Tobacco sector was the top contributor to the market turnover (due to Browns Investments0), whilst the sector index gained 0.40%. The share price of Browns Investments increased by Rs 0.50 (3.85%) to close at Rs 13.50.

Capital Goods sector was the second highest contributor to the market turnover (due to Royal Ceramics), whilst the sector index increased by 2.54%. The share price of Royal Ceramics appreciated by Rs 4.30 (7.41%) to close at Rs 62.30. Expolanka Holdings, Lanka Realty Investments and Swisstek were also included amongst the top turnover contributors.

The share price of Expolanka Holdings gained Rs 12.00 (5.10%) to close at Rs 247.25. The share price of Lanka Realty Investments moved up by Rs 1.10 (4.33%) to close at Rs

26.50. The share price of Swisstek recorded a gain of Rs 6.30 (18.00%) to close at Rs 41.30.