The ASPI gained sharply mainly due to price gains in the stocks such as Nestle Lanka and Ceylon Tobacco Company. The day’s total turnover was recorded sharply below the twelve-month average daily turnover to which Distilleries Company of Sri Lanka contributed the majority (19% of total turnover). A crossing was recorded in Access Engineering. Foreign investors were net sellers during the day. The All Share Price Index gained 28.6 points to close at 6,708.4 (+0.4%).Top contributory counters towards the day’s turnover were Distilleries Company of Sri Lanka LKR 106.6mn (USD 731.5k, -0.2%), LB Finance LKR 55.2mn (USD 378.8k, +2.8%), Access Engineering LKR 43.6mn (USD 299.3k, +0.4%), John Keells Holdings (Voting) LKR 33.5mn (USD 230.1k, 0.0%), Swisstek Ceylon LKR 24.1mn (USD 165.6k, +3.2%). Foreign purchases amounted to LKR 92.8mn (USD 636.8k), whilst foreign sales amounted to LKR 143.1mn (USD 982.4k). This resulted in a net foreign outflow of LKR 50.4mn being recorded at the end of the day’s trading.
ASPI trading at 6,695.94, up 16.10 points or 0.24 percent with gains in Banking and Finance sector stocks like Lanka Orix Leasing and Commercial Bank.
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