NDB Securities Daily market Update 3 July 2015

Melissa Pereira Mon Jul 06, 2015 10:22 am

Both ASPI and S&P SL20 closed in green due to price gains in counters such as John Keells Holdings, Ceylon Tobacco Company and Sri Lanka Telecom with turnover crossing Rs 2.4 Bn. High net worth and institutional investor participation was witnessed in Textured Jersey Lanka, Seylan Bank and People’s Merchant Finance. Mixed interest was observed in John Keells Holdings and Access Engineering whilst retail interest was noted in Waskaduwa Beach Resort and John Keells Warrant 22. Meanwhile, foreigners remained active closing as net sellers mainly due to foreign selling in Textured Jersey Lanka. Total foreign sales accounted for 74.3% of turnover.

During the week, the ASPI lost 0.13% whilst S&P SL20 gained 0.37%.

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