The Bourse ended the week on a positive note this week with ASPI increasing by 233.96 points (or 3.19%) to close at 7,567.38 points, while the S&P SL20 Index also increased by 90.76 points (or 3.07%) to close at 3,046.47 points.
LOLC Holdings was the highest contributor to the week’s turnover value, contributing LKR 1.98Bn or 13.77% of the total turnover value. Royal Ceramic followed suit, accounting for 8.13% of turnover (value of LKR 1.17Bn) while Lanka Walltile contributed LKR 0.76Bn to account for 5.29% of the week’s turnover.
Total turnover value amounted to LKR 14.37 Bn (cf. last week’s value of LKR 5.30Bn), while the daily average turnover value amounted to LKR 2.87Bn (62.55% W-o-W) compared to last week’s average of LKR 1.77Bn. Market capitalization meanwhile, increased by 3.20 % W-o-W (or LKR 103.59 Bn) to LKR 3,340.95 Bn cf. LKR 3,237.37 Bn last week.
Liquidity (Value & Volume)
Capital Goods Industry Group was the highest contributor to the week’s total turnover value, accounting for 29.47% (or LKR 4.24Bn) of market turnover.
Industry Group’s turnover was driven primarily by Royal Ceramic, Lanka Walltile and JKH accounted for 61.25% of the sector’s total turnover. Diversified Financials Industry Group meanwhile accounted for 20.95% of the total turnover value while Materials Industry Group contributed 15.96% to the weekly turnover. The Food, Beverage & Tobacco Industry Group dominated the market in terms of share volume, accounting for 25.88% (or 125.38 Mn shares) of total volume, with a value contribution of LKR 1.42Bn. The Capital Goods Industry Group followed suit, adding 18.45% to total volume (89.41 Mn shares) while Materials Industry Group contributed 16.59% (80.39 Mn shares) to the weekly share volume.
Net Foreign Position
Foreign investors were net sellers this week with a total net outflow amounting to LKR 0.78 Bn relative to last week’s total net outflow of LKR 0.39 Bn (-101.4% W-o-W).
Total foreign purchases decreased by 25.1% W-o-W to LKR 0.43Bn from last week’s value of LKR 0.58Bn, while total foreign sales amounted to LKR 1.22Bn relative to LKR 0.97Bn recorded last week (25.9% W-o-W).
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