The bourse began the week on a positive note fueled by increasing investor optimism surrounding a favorable outcome from the IMF review on June 12. The index started on a bullish note, reaching its intraday high at 12,402 within the first trading hour. However, it later experienced sideways moments before closing, 12,381, gaining 67 points for the 5 th consecutive session.
Conglomerates, Banking, Export and Apparel sector counters played a significant role in driving the index, whereas HAYL, LOLC, SAMP, NDB, and RCL emerged as the top contributors. Meanwhile, turnover surged by 32.5% compared to the previous close, reaching LKR 1.7Bn and hitting nearly a one-month high. However, this represents a 5.9% increase from the monthly average, standing at LKR 1.6Bn. The Capital Goods sector led the turnover at 43.5%, with the banking and diversified financials sectors jointly contributing 32.1% to the overall turnover.
Foreign investors remained net sellers, recording a net outflow of LKR 113.4Mn.
Meanwhile, CSF dominated the market volume with 26.9Mn shares (42%). Overall volume increased to 63.4Mn.
Foreign investors remained net sellers recording a net foreign outflow of LKR 113.4Mn, amidst moderate participation. Accordingly, COMB, SAMP, and HNB were the top three shares to lead foreign outflow while VFIN, MARA, and PABC were the three counters recording the largest foreign inflow. First Capital Research
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