Green Closure For The Short Week
Bourse able to close the short week with a positive start and an end despite the low turnover recorded for the week.
Foreign investors were on selling sentiment except on Thursday while recording a net foreign outflow of Rs 410 Mn. Highest turnover was recorded on Wednesday while lowest turnover was recorded on Monday.
Diversified, Trading and Beverage Food & Tobacco sectors contributed to the market turnover during the week while Investment Trust sector became the highest gainer (+3.25%).CARS, JKH and HNB lifted up the ASPI by 14.34 points while SLTL, KHL and HHL dragged down the index by around 10.02 points. During the week ASPI and S&P SL 20 was up by 35 points and 30 points respectively.
Rupee depreciated slightly during the week and closed at LKR 147.05 per USD. One year T-bill rate increased to close at 9.90%. Gold prices decreased to close at 1219.22$/Oz while oil price decreased to close at 38.91$/Barrel.
(LOLC Securities)