Equity Market

ASPI was on a short-lived sideway movement during the early hours reaching intra-day high of 6,443 followed by a downtrend and moved between 26 points to close at 6,421 losing 16 points. Despite the increased volumes, turnover declined while a low foreign participation led to a marginal net foreign outflow from the market. Price decline in 85 counters led by big cap JKH weighted heavily on the index negating the effect of 44 positive contributors led by big cap CTC.

 About us :  This report providing a snapshot of fixed income, equity and unit trust is composed and circulated by First Capital Holdings PLC an investment bank in Sri Lanka.   The company operates in the capital market of Sri Lanka with operations in government securities – treasury bills and bonds, stock brokering and share market investments, asset management, private wealth management,  retirement planning, personal financial planning, unit trust, margin trading, capital market research, trustee services, corporate finance advisory services including corporate debt structuring (debentures, trust certificates, commercial papers), valuations, restructuring, mergers and acquisitions, initial public offerings (IPOs) and project advisory.   The First Capital Group consists of First Capital Treasuries PLC, First Capital Limited, First Capital Markets Limited, First Capital Asset Management Limited and First Capital Equities (Private) Limited covering Colombo, Negombo, Matara, Kandy and Kurunegala.