Equity Market

ASPI had an volatile trend throughout the day and reached an intraday high of 6,579 and closed at 6,575.39 gaining 4 points from yesterday’s closing levels. Both volume and turnover increased compared to previous day. Foreign participation was high and resulted in a net foreign inflow into the market. Price depreciation in 72 contributors led by big cap BREW and COMB weighted heavily on the index thereby negating the positive effects of 62 contributors led by MELS and 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.