Week ends in red

Indices closed in red as a result of price losses in counters such as Commercial Bank, Hatton National Bank and LOLC Holdings with the turnover crossing Rs. 449 Mn. High net worth and institutional investor participation was noted in Windforce, Ceylon Grain Elevators, Cable Solutions. Mixed interest was observed in John Keells Holdings, Commercial Bank and Hatton National Bank whilst retail interest was noted in Co-
Operative Insurance Company, SMB Leasing nonvoting and SMB Leasing. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.
During the week, the ASPI and the S&P SL 20 lost 0.9% and 1.5% respectively, whilst recording an average revenue of Rs.1.03 Bn.
Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index lost 0.42%. The share price of John Keells Holdings lost Rs. 0.75 (0.45%) to close at Rs. 165.50.
The Banking sector was the second highest contributor to the market turnover (due to Commercial Bank) whilst the sector index decreased by 1.12%. The share price of Commercial Bank recorded a loss of Rs. 2.00 (2.33%) to close at Rs. 84.00.
Windforce Limited, Ceylon Grain Elevators and Cable Solutions were also included amongst the top turnover contributors. The share price of Windforce Limited decreased by Rs 0.10 (0.51%) to close at Rs. 19.40. The share price of Ceylon Grain Elevators moved up by Rs. 1.50 (0.96%) to close at Rs. 157.75. The share price of Cable Solutions appreciated by Rs. 0.30 (4.23%) to close at Rs. 7.40.