The All Share Price Index gained 9.9 points to close at 4,990.4 (+0.2%), whilst the more liquid Milanka Price Index dipped 2.6 points to close at 4,383.2 (-2.6%). Furthermore, the newly introduced S&P SL20 Index gained 6.8 points to close at 2,818.3 (+0.2%).
The total turnover was LKR218.8 mn (USD1,636.5k) vs. 12-month average daily turnover of LKR1,399.1 mn (USD10,464.5k) whilst the volume traded for the day was 17,123.6 k against the 12-month average daily volume of 62,301.7k.
Top traded counters were Dialog AxiataoldingH LKR39.4 mn (USD294.7k, +1.6%), Seylan Bank (non-voting) LKR34.2 mn (USD255.8k, +4.7%), National Development Bank LKR23.6 mn (USD176.5k, -2.0%), Colombo Dockyard LKR13.6 mn (USD101.7k, +0.5%) and Citrus Leisure LKR8.7 mn (USD65.1k, -1.1%).
Colombo bourse closed the week in green whilst the newly introduced S&P SL20 also demonstrated a similar movement with a c.0.2% change however the more liquid Milanka Index closed in red. Poor activity levels were observed in the market during the day where Dialog Axiata contributed for c.18% of the day’s turnover backed by a crossing of 6mn which traded at 6.10 to drive the counter up at close. Seylan Bank (non-voting) enticed institutional and high net worth investor interest whilst National Development Bank witnessed high net worth investor participation. Further, renewed institutional investor appetite was seen in Colombo
Dockyard whilst Citrus Leisure saw all round investor participation during the day.
Net inflow of foreign funds was seen during the day, where foreign purchases amounted to LKR30.2 mn (USD225.9k), whilst foreign sales amounted to LKR23.1 mn (USD172.8k).