LOLC Securities Market Watch: Daily 28 July 2015

Melissa Pereira Wed Jul 29, 2015 10:29 am

Focus: Market closed the daily operations on a positive note with ASPI recording gains of 13 points and S&P SL20 recording gains of 10 points. Today's gains were mainly driven by CTC, JKH and LOFC while contributing 12.30 points to the main index. JKH topped the turnover list contributing LKR 254 Mn to the turnover with price closed at LKR 195.10 with a gain of LKR 1.30. Only LLUB recorded a crossing for the day at LKR 407 while contributing LKR 21 Mn to the market turnover. Foreign investors closed the day as net sellers after three consecutive days of net foreign inflows while today's net foreign selling was mainly seen in JKH, JKHW22, LGL.X and OSEA.

§ Diversified Holdings sector contributed mostly to the market turnover while the sector index was up by 0.31%.

§ Foreign investors were in a selling sentiment, while the net foreign outflows amounted to LKR 213 Mn.

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