Market positive due to heavyweights support

The Colombo bourse moved back into positive territory supported by gains in market heavyweights John Keells Holdings (JKH), Commercial Bank of Ceylon (COMB) & Ceylon Tobacco (CTC). The benchmark, the All Share Price Index (ASPI) climbed 0.48% (27.01points) to close at 5,704.32points while the S& PSL20 index gained 0.55% (17.90points) before ending the day at 3,247.09 points.

Market turnover improved marginally to LKR. 671 11 Mn.

The days turnover was heavily boosted by JKH, which accounted for half of the market turnover. The other major turnover generators for the day were COMB, Hatton National Bank non voting (HNB-X), National Development Bank (NDB) & Union Bank of Colombo (UBC).