Performance of the Market
The market continued its positive momentum with the favourable foreign participation. The bench mark index ASPI moved between 6,388.55 & 6,424.59 points and settled the day at 6,423.13 with a gain of 35.28 points (0.55%). The S&P SL20 index also followed similar trend and closed the day in Green terrain at 3,395.71 with a marginal gain of 26.88 points (0.80%).
The total turnover for the day amounted to LKR 577.38Mn, charting a drop of 23.32% from its previously
recorded LKR 753.01Mn. The total market capitalization stood at LKR 2.74Tn, indicating an YTD drop of 6.85%.
The market PER and PBV was recorded as 16.18x and 1.84x with marginal gains.
Top Contributors - Turnover
ACL Cables PLC (ACL) spearheaded the turnover list by adding LKR 81.51Mn accounting for 14.12% of the day’s total turnover. ACL traded between LKR 106.40 & LKR 108.70 and settled the day at LKR 108.50 with a gain of LKR 1.50 or 1.40%. Around 98% of its turnover was contributed through two off market trades, which amounted to LKR 80.25Mn, where 750,000 shares were negotiated at a price of LKR 107.00
John Keells Holdings PLC (JKH) stood second on the list by adding LKR 81.29Mn to the daily turnover. JKH traded between LKR 152.00 & LKR 156.00 and settled the day at LKR 155.00 with a gain of LKR 3.00 or 1.97%.
Asiri Hospital Holdings PLC (ASIR) contributed LKR 57.31Mn to the turnover and secured the third slot during the day. ASIR traded between LKR 25.60 & LKR 27.40 and settled the day at LKR 26.50 with a gain of LKR 0.60 or 2.32%. Around 94% of its turnover was contributed through an off market trade, which amounted to LKR 54.00Mn, where 2.00Mn shares were negotiated at a price of LKR 27.00
Top Traded Volume
Tess Agro PLC [X] traded a total of 14.92Mn shares dominating the traded volumes.
Tess Agro PLC (15.84Mn shares)
Panasian Power PLC (2.41Mn shares)
were next in line under the top contributors to the daily volumes.
Sectorial Overview
Manufacturing (MFG) stood on top providing LKR 217.23Mn capturing 38% of the day’s total turnover.
Bank Finance & Insurance (BFI) and Diversified Holdings (DIV) sectors provided LKR 96.44Mn and LKR 93.39Mn respectively to the daily aggregated turnover.
Foreign Participation
Manufacturing (MFG) stood on top providing LKR 217.23Mn capturing 38% of the day’s total turnover.
Bank Finance & Insurance (BFI) and Diversified Holdings (DIV) sectors provided LKR 96.44Mn and LKR 93.39Mn respectively to the daily aggregated turnover.
Foreign Participation
- Aggregate foreign buying for the day totaled up to LKR 173.76Mn.
- Foreign sales for the day amounted to LKR 81.33Mn
- Net foreign inflow for the day was LKR 92.43Mn, YTD outflow presently stands at LKR 3.09Bn
- JKH notched the “Top Net Purchasers” slot with a net inflow of LKR 60.97Mn whilst HNB notched the “Top net Sellers” slot with a net outflow of LKR 10.30Mn.
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