Stock market gains

The Colombo stock market opened a fresh week on the up with the benchmark All Share Price Index (ASPI) 18 points or 0.3% and the active S&P SL 20 Index gaining 13 points or 0.5%.

NDB Securities said market gained as a result of price hike in counters such as John Keells Holdings, LOLC Holdings and John Keells Hotels with the turnover crossing Rs. 381 million. It added a similar behaviour was witnessed in the S&P SL20. 

“High net worth and institutional investor participation was noted in John Keells Hotels and Dialog Axiata. Mixed interest was observed in Browns Investments whilst retail interest was noted in First Capital Holdings and Access Engineering. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers,” NDB Securities said. 

LOLC Securities said gainers surpassed losers 65 to 48.