Equity Market

ASPI was on a continuous downtrend throughout the day albeit the volatility to reach intra-day high of 6,360 prior to continue on the downtrend to close at 6,352, losing 5 points. Both turnover and volume declined amidst a low foreign participation resulting in a net foreign inflow into the market. Price decline in 63 counters led by CTC weighted heavily on the index surpassing the effect of 52 positive contributors led by big cap JKH.

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.