The stock market saw another day of positive sentiment and gains, driven by the decrease in treasury bill yields at the recent treasury bill auction.
Amidst a slight increased participation from retail and HNW investors, ASPI closed the day in green at 16,152, gaining 226 points marking a 1.42% increase from the previous day. The most significant contributors towards the positive index were SAMP, DFCC, NDB, HNB, and COMB. During today’s trading session, most of the investor attention was focused on the Banking sector and Blue-chip stocks such as JKH.
Meanwhile, turnover stood at LKR 4.4Bn, marking a decrease of 38.5%, from the monthly average. Moreover, the Banking sector led the turnover by 30%, followed by the Capital Goods and Food, Beverage and Tobacco sectors jointly contributing 30% of the overall turnover. There was a net foreign outflow of LKR 312.6Mn.
First Capital Research
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