Indices close in red

4 October 2024 12:15 am Views - 75

The ASPI edged down as a result of price losses in counters such as Hatton National Bank, Sampath Bank and Commercial Bank with the turnover crossing Rs. 1.3 bn.


Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in Commercial Credit & Finance, Central Finance Company and Hatton National Bank. 


Mixed interest was observed in Sampath Bank, Lankem Developments and Digital Mobility Solutions Lanka whilst retail interest was noted in Asia Siyaka Commodities, Browns Investments and Hela Apparel Holdings Limited.
Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. The Banking sector was the top contributor to the market turnover (due to Sampath Bank and Commercial Bank) whilst the sector index lost 0.83%. 


The share price of Sampath Bank decreased by Rs. 0.80 (1.00%) to close at Rs. 79.00. The share price of Commercial Bank declined by Rs. 0.75 (0.72%) to close at Rs. 104.00. 


The Diversified Financials sector was the second highest contributor to the market turnover (due to Commercial Credit & Finance) whilst the sector index increased by 0.47%. The share price of Commercial Credit & Finance moved up by Rs. 1.00 (2.83%) to close at Rs. 36.30. 


Lankem Developments and Digital Mobility Solutions Lanka were also included amongst the top turnover contributors. The share price of Lankem Developments gained Rs. 0.70 (4.14%) to close at Rs. 17.60. The share price of Digital Mobility Solutions Lanka recorded a gain of Rs. 3.00 (8.33%) to close at Rs. 39.00.