The All Share Price Index dipped marginally to close at 4,888.2 (-0.1%), whilst the more liquid Milanka Price Index also lost 21.5 points to close at 4,309.6 (-0.5%). Nevertheless the S&P SL 20 index gained 8.3 points to close at 2,768.4 (+0.3%).
The total turnover was LKR284.2 mn (USD2,141.7k) vs. 12-month average daily turnover of LKR1,313.4 mn (USD9,897.5k) whilst the volume traded for the day was 28,380.0k against the 12-month average daily volume of 58,992.4k.
Top traded counters were HVA Foods LKR58.8 mn (USD443.1k, -2.2%), Ceylon Tobacco LKR31.1 mn (USD234.4k, +2.3%), Asian Asset Finance LKR19.8 mn (USD149.0k, -7.1%), Expolanka Holdings LKR18.2 mn (USD137.1k, +3.4%) and Bukit Darah LKR17.0 mn (USD128.1k, +0.4%).
The market which regained yesterday was not able to sustain the positive momentum during today’s trading session. The retail favourite HVA Foods and Asian Asset Finance witnessed renewed all round investor participation where the two counters together contributed near 27% to the aggregate market turnover. Moreover the rich dividend play Ceylon Tobacco enticed foreign buying interest to contribute near 11% to the total market turnover whilst institutional investors were attracted to Expolanka and Bukit Darah.
Net inflow of foreign funds was seen during the day, where foreign purchases amounted to LKR46.9 mn (US D353.8k), whilst foreign sales amounted to LKR37.3 mn (USD281.1k).