The total turnover was LKR 529.5 million vs. 12 month average daily turnover of LKR1,395.8 million whilst the volume traded for the day was 45,086.2k against the 12 month average daily volume of 63,616.2k.
Top traded counters were John Keells Holdings LKR 56.1 million, Distilleries LKR 53.9 million, Dialog Axiata LKR 40.0 million, HVA Foods LKR 31.8 million and Aitken Spence LKR 27.4 million.
Market lost ground during the day after 6 consecutive days of upward movement however managing to remain above the 5,000 level. Market heavy weight John Keells Holdings emerged as the top revenue generator for the day on the back of institutional and high net worth investor interest. The counter saw a 1% increase in the price at close whilst its contribution to day’s turnover stood at 11%. Distilleries, Dialog Axiata and Aitken Spence witnessed institutional activity where Distilleries saw a crossing of 400k and Aitken Spence saw 242k shares changing hands. Further, the major retail play, HVA Foods saw widespread activity however leading the stock to dip 4.3% during the day.
Net inflow of foreign funds was seen during the day, where foreign purchases amounted to LKR 122.7 million (USD 925.3k), whilst foreign sales amounted to LKR100.8 million (USD 760.2k).