Boosted by the positive news of Sri Lanka securing an IMF facility, stock market indices today closed in green as a result of price gains in counters such as Ceylon Tobacco Company, Nestle Lanka and Dialog Axiata whilst turnover crossed Rs 1.5 Bn.
Crossings were traded in John Keells Holdings, Commercial Bank, National Development Bank, Hemas Holdings, Hayleys, Textured Jersey Lanka and Distilleries. Mixed interest was observed in People’s Leasing & Finance, Three Acre Farms and Overseas Realty whilst retail interest was noted in Ceylon Grain Elevators. Meanwhile, foreigners remained active closing as net sellers. Total foreign sales accounted for 41.4% of turnover.
During the week, the ASPI and the S&P SL20 gained 1.46% and 1.17% respectively.