Equity Market

ASPI showed a continuous downtrend during the day closing in red at 6,572 losing 24 points. Both turnover and volume improved considerably while a low foreign participation led to a net foreign ouflow from the market. Price depreciation in 78 counters led by DIAL and SLTL weighted heavily on the index negating the effect of 47 positive contributors led by CCS and COMB.

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.