Indices close in red

The ASPI closed in red as a result of price losses in counters such as Hatton National Bank, Richard Pieris & Company and National Development Bank with the turnover crossing Rs. 629 mn.

A similar behavior was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Central Finance Company. 

Mixed interest was observed in John Keells Holdings, Hayleys Fabric and Sampath Bank whilst retail interest was noted in Browns Investments, Marawila Resorts and LOLC Finance. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. The Banking sector was the top contributor to the market turnover (due to Sampath Bank) whilst the sector index lost 0.49%. The share price of Sampath Bank increased by Rs. 0.80 (1.09%) to close at Rs. 74.50. 

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings and Hayleys) whilst the sector index decreased by 0.41%. The share price of John Keells Holdings gained Rs. 0.25 (0.14%) to close at Rs. 179.50. 

The share price of Hayleys declined by Rs. 0.70 (0.73%) to close at Rs. 95.00. Central Finance Company and Hayleys Fabric were also included amongst the top turnover contributors. The share price of Central Finance Company moved down by Rs. 0.25 (0.24%) to close at Rs. 105.00. The share price of Hayleys Fabric recorded a loss of Rs. 0.30 (0.63%) to close at Rs. 47.00.