Turnover crosses LKR 2 Bn

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. 2.1 Bn. High net worth and institutional investor participation was noted in Galle Face Capital Partners, CIC Holdings and Ceylon Cold Stores. Mixed interest was observed in John Keells Holdings, Sampath Bank and Seylan Bank whilst retail interest was noted in LOLC Finance, Softlogic Capital and Marawila Resorts. 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) whilst the sector index lost 1.87%. The share price of Sampath Bank lost Rs 2.10 (2.23%) to close at Rs 92.00.

The Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index decreased by 2.53%. The share price of John Keells Holdings decreased by Rs 0.70 (3.52%) to close at Rs 19.20.

Galle Face Capital Partners, CIC Holdings and Ceylon Cold Stores were also included amongst the top turnover contributors. The share price of Galle Face Capital Partners moved down by Rs 0.20 (0.64%) to close at Rs 31.00. The share price of CIC Holdings recorded a loss of Rs 0.60 (0.76%) to close at Rs 77.90. The share price of Ceylon Cold Stores declined by Rs 0.20 (0.30%) to close at Rs 65.40.