Week ends in green as turnover crosses Rs. 2.2 Bn

What happened

Indices closed in green on price gains in Melstacorp, Sampath Bank and DialogAxiata, with turnover crossing Rs. 2.2 Bn. For the week, ASPI and S&P SL20 rose 1.2% and 1.3% respectively, with average daily turnover of Rs. 2.5 Bn. Foreigners were net sellers. The retailing sector led turnover, driven by RIL Property, whose share rose 0.39% to Rs. 25.90. Food, Beverage & Tobacco followed on gains in Melstacorp (up 2.42% to Rs. 190.75) while Ceylon Cold Stores fell 0.59% to Rs. 126.00. Sampath Bank gained 1.63% to Rs. 140.00, and Commercial Bank nonvoting fell 0.27% to Rs. 184.50.

Why it matters

The positive close, weekly gains in the ASPI and S&P SL20, and turnover above Rs. 2.2 Bn highlight sustained market activity, with top contributions from the retailing and food, beverage & tobacco sectors.