Equity Market

ASPI saw an upward movement in the early hours followed by a downtrend prior to closing at 6,464, gaining 5 points compared to yesterday’s closing level. Both turnover and volume dropped significantly during the day while a low foreign participation led to a marginal net foreign inflow into the market. Price depreciation seen in 76 counters led by COMB.N and SELI weighted heavily on the index surpassing the positive contribution made by 55 counters led by LION and BREW.

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.