Indices close on a negative note

The ASPI closed in red as a result of price losses in counters such as John Keells Holdings, Commercial Bank and Lion Brewery with the turnover crossing Rs. 1.0 bn. 

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation were noted in Sampath Bank, Windforce and Hatton National Bank nonvoting. 

Mixed interest was observed in Sunshine Holdings, Commercial Credit & Finance and Hayleys whilst retail interest was noted in Co-Operative Insurance Company, Browns Investments and LOLC Finance. 

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 (Sampath Bank) whilst the sector index lost 0.84%. The share price of Sampath Bank moved down by Rs 0.50 (0.63%) to close at Rs 78.90. 

Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (Sunshine Holdings) whilst the sector index decreased by 0.82%. The share price of Sunshine Holdings decreased by Rs. 0.60 (0.93%) to close at Rs. 63.90. Commercial Credit & Finance, Hayleys and Windforce Limited were also included amongst the top turnover contributors. 

The share price of Commercial Credit & Finance gained Rs. 1.90 (5.31%) to close at Rs. 37.70. The share price of Hayleys recorded a loss of Rs. 1.00 (0.94%) to close at Rs. 105.50. The share price of Windforce Limited appreciated by Rs. 0.30 (1.54%) to close at Rs. 19.80.