ASI today - 29.09.2017

ASI - Closed at 6442.71, that's a slight improvement of 9.17 points(.14%) over yesterday. Turnover was Rs. 782,344,640.00 below yesterday's value of Rs. 801,015,189. However the number of transactions  were higher recording at 7967 trades against  5,849 recorded yesterday. Amongst the S&P SL 20 Stocks the LONE PERFORMER was SAMPATH BANK PLC (LKR 310/=) with 124 transactions, and a turnover of Rs. 42,086,596.10, gaining 5.50 over yesterday's close.

The heavily traded shares were all retail favorites such as Lankem Developments Plc (663 Trades, +1/10. 11%), Malwatte valley Plantations Plc - Non Voting (637 Trades, +1/60, 18%), Lanka Cement Plc (611 Trades, +1/10, 20%), Malwatte Valley Plantation Plc (566 Trades, +1/20,12.9%) and Richard Peiris and Company Plc (258 Trades, +-/50, 3.82%).

Crossings (Block trades over LKR 20 mill) were witnessed on HNB (LKR 20,938,500/=), LION (LKR 110,081,250/=), and COMB ( LKR 65,561,160/=).

Going forward to the next week, which will be the beginning of October expectations are for the retail momentum to continue.  As the latter part of October starts the earnings of the 3rd Quarter, counters that are tipped to have performed well would draw a lot of volatile market activities.