ASPI loses after seven consecutive days of gains

Indices closed in red as a result of price losses in counters such as John Keells Holdings, Hatton National Bank and Sampath Bank with the turnover crossing Rs. 6.0 bn.

High net worth and institutional investor participation was noted in John Keells Holdings, Melstacorp and Hatton National Bank. 

Mixed interest was observed in Sampath Bank, Commercial Bank and Nations Trust Bank whilst retail interest was noted in Beruwala Resorts, Waskaduwa Beach Resort and SMB Leasing. 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 John Keells Holdings) whilst the sector index lost 2.27%. The share price of John Keells Holdings decreased by Rs. 0.70 (3.30%) to close at Rs. 20.50.
The Banking sector was the second highest contributor to the market turnover (due to Hatton National Bank and Sampath Bank) whilst the sector index decreased by 1.87%. The share price of Hatton National Bank moved down by Rs. 5.75 (2.44%) to close at Rs. 230.00. 

The share price of Sampath Bank recorded a loss of Rs. 1.80 (1.86%) to close at Rs. 95.00. Melstacorp and LB Finance were also included amongst the top turnover contributors. The share price of Melstacorp gained Rs. 0.50 (0.46%) to close at Rs. 109.50. The share price of LB Finance appreciated by Rs. 1.80 (2.30%) to close at Rs. 80.00.