Daily market turnover was LKR 366mn. John Keells Holdings with LKR 95mn, Commercial Bank with LKR 69mn and Tokyo Cement non-voting with LKR 20mn were the top contributors to the market turnover. Several negotiated deals were recorded in Commercial Bank (0.5mn shares at LKR 116.10 per share), John Keells Holdings (approx. 0.1mn shares at LKR 240.00 per share). The total value of the crossings accounted for 22% of the market turnover.
Further, with the interim dividend announcement of LKR 2.00 per share First Capital Holdings became the mostly traded stock for the day followed by John Keells Holdings. First Capital Holdings closed at LKR 18.60, up by +5.1%. Kingsbury Hotel –rights commenced trading today and the rights closed at LKR 0.10.
Foreign participation for the day was 40% whereas foreign investors were net sellers with a net outflow of LKR 99mn. Foreign net outflows were seen in counters such as John Keells Holdings (LKR 101mn), Ceylinco Insurance non-voting (LKR 5.6mn) and Tokyo Cement non-voting (LKR 4.6mn) while foreign net inflows were seen in Commercial Bank (LKR 24.2mn).
Cash map closed at 32%.