Indices close in red

Indices closed in red as a result of price losses in counters such as Sampath Bank, Melstacorp and Hayleys with the turnover crossing Rs. 1.4 bn.
High net worth and institutional investor participation was noted in Sampath Bank, John Keells Holdings, and Hemas Holdings. 

Mixed interest was observed in Lanka IOC, Expolanka Holdings and John Keells Hotels whilst retail interest was noted in Browns Investments, Amana Bank and LOLC Finance.  Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index lost 0.32%. The share price of John Keells Holdings increased by Rs. 0.50 (0.33%) to close at Rs. 150.00. 

The Banking sector was the second highest contributor to the market turnover (due to Sampath Bank) whilst the sector index decreased by 1.22%. The share price of Sampath Bank lost Rs. 1.50 (2.65%) to close at Rs. 55.20.  Lanka IOC, Browns Investments and John Keells Hotels were also included among the top turnover contributors. The share price of Lanka IOC moved up by Rs. 5.00 (3.91%) to close at Rs. 132.75. The share price of Browns Investments recorded a gain of Rs. 0.10 (1.85%) to close at Rs. 5.50. The share price of John Keells Hotels appreciated by Rs. 0.10 (0.59%) to close at Rs. 17.10.