CSE starts week on a positive note

The Colombo stock market started the week on a positive note with both All Share and S&P SL 20 indices gaining.

The ASPI gained 0.41% firmer at 5,908.06, its highest close since 20 September and further moving away from its lowest close since 13 December 2013 hit on Tuesday. It fell 3.6% last month and is down 7.2% so far this year.

NDB Securities said the ASPI closed in green as a result of price gains in counters such as Hatton National Bank, Hemas Holdings and Distilleries, 

Similar behaviour was witnessed in the S&P SL20. NDBS said high net worth and institutional investor participation was witnessed in Melstacorp. Mixed interest was observed in Sampath Bank and John Keells Holdings. 

Market turnover was Rs. 265 million. NDBS said foreigners remained active closing as net sellers. Total foreign sales accounted for 51.2% of the turnover.