Week ends in red

The ASPI closed in red as a result of price losses in counters such as Senkadagala Finance, Hatton National Bank and Sampath Bank with the turnover crossing Rs. 784 Mn. A similar behaviour was witnessed in the S&P SL20. Crossings
were witnessed in Hayleys and John Keells Holdings accounting for 41.7% of the turnover. Mixed interest was observed in Hatton National Bank, Hayleys Fabric and Distilleries whilst retail interest was noted in Browns Investments, LOLC Finance and Softlogic Holdings. Furthermore, foreigners closed as net buyers.
During the week, the ASPI and the S&P SL20 lost 1.0% and 0.7% respectively whilst recording an average daily turnover of Rs. 1.15 Bn.

Capital Goods sector was the top contributor to the market turnover (due to Hayleys and John Keells Holdings) whilst the sector index edged down by 0.03%. The share price of Hayleys increased by Rs. 0.75 (0.75%) to close at Rs. 101.00. The share price of John Keells Holdings closed flat at Rs.194.00.
Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Distilleries) whilst the sector index decreased by 0.20%. The share price of Distilleries lost Rs. 0.10 (0.38%) to close at Rs. 26.40.
Hatton National Bank and Hayleys Fabric were also included amongst the top turnover contributors. The share price of Hatton National Bank recorded a loss of Rs. 2.00 (1.03%) to close at Rs. 192.00. The share price of Hayleys Fabric declined by Rs. 0.40 (0.87%) to close at Rs. 45.50.