Turnover crosses Rs. 1.0 bn

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

High net worth and institutional investor participation was noted in Hayleys, Sampath Bank and Teejay Lanka. 
Mixed interest was observed in Nations Trust Bank, Commercial Bank and Lanka IOC whilst retail interest was noted in Industrial Asphalts, 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 (due to Sampath Bank, Nations Trust Bank and Commercial Bank) whilst the sector index lost 1.33%. The share price of Sampath Bank decreased by Rs. 3.00 (4.13%) to close at Rs. 69.60. 

The share price of Nations Trust Bank recorded a loss of Rs. 2.50 (2.22%) to close at Rs. 110.25. The share price of Commercial Bank declined by Rs. 0.70 (0.81%) to close at Rs. 85.90. 

The capital Goods sector was the second highest contributor to the market turnover (due to Hayleys) whilst the sector index decreased by 0.37%. The share price of Hayleys closed flat at Rs. 90.00. 

Teejay Lanka was also included amongst the top turnover contributors. The share price of Teejay Lanka moved up by Rs. 0.30 (0.77%) to close at Rs. 39.30.