ASPI edges down

The ASPI edged down as a result of price losses in counters such as Hatton National Bank, SMB Leasing nonvoting and John Keells Holdings with the turnover crossing Rs 1.6 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Commercial Bank, Hatton National Bank and John Keells Holdings. Mixed interest was observed in Hayleys, People’s Leasing & Finance and Vallibel Finance whilst retail interest was noted in Marawila Resorts, Browns Investments and LOLC Finance. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.
Capital Goods sector was the top contributor to the market turnover (due to Hayleys and John Keells Holdings) whilst the sector index lost 0.12%. The share price of Hayleys gained Rs 2.75 (2.61%) to close at Rs 108.00. The share price of John Keells Holdings moved down by Rs 1.00 (0.49%) to close at 
Rs 203.00.
Diversified Financials sector was the second highest contributor to the market turnover (due to People’s Leasing & Finance) whilst the sector index decreased by 0.19%. The share price of People’s Leasing & Finance increased by Rs 0.50 (4.00%) to close at Rs 13.00.
Hatton National Bank and Commercial Bank were also included amongst the top turnover contributors. The share price of Hatton National Bank recorded a loss of Rs 1.25 (0.61%) to close at Rs 204.50. The share price of Commercial Bank appreciated by Rs 0.50 (0.46%) to close at Rs 109.25.