ASPI falls after 12 sessions

Indices closed in red as a result of price losses in counters such as Commercial Bank, Hayleys and LOLC Holdings with the turnover crossing Rs. 5.4 bn. 
High net worth and institutional investor participation was noted in Hunas Holdings, Hela Apparel Holdings and John Keells Holdings. 
Mixed interest was observed in Lanka IOC, Expolanka Holdings and ACL Cables whilst retail interest was noted in Browns Investments, SMB Leasing and EML Consultants. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. 
Energy sector was the top contributor to the market turnover (due to Lanka IOC) whilst the sector index gained 6.20%. The share price of Lanka IOC increased by Rs. 11.50 (6.88%) to close at Rs. 178.75. Capital Goods sector was the second highest contributor to the market turnover (due to ACL Cables) whilst the sector index decreased by 0.47%. 
The share price of ACL Cables recorded a gain of Rs. 9.80 (14.50%) to close at Rs. 77.40. Expolanka Holdings, Browns Investments and LOLC Holdings were also included amongst the top turnover contributors. 
The share price of Expolanka Holdings lost Rs. 5.25 (2.33%) to close at Rs. 219.75. The share price of Browns Investments moved down by Rs. 0.20 (2.25%) to close at Rs. 8.70. The share price of LOLC Holdings declined by Rs. 14.75 (2.36%) to close at Rs. 611.50.