Indices close in red

Indices closed in red as a result of price losses in counters such as Commercial Bank, Hatton National Bank and John Keells Holdings with the turnover crossing Rs. 2.9 bn. 
High net worth and institutional investor participation was noted in John Keells Holdings, Hatton National Bank, and Melstacorp. 

Mixed interest was observed in Capital Alliance, Hayleys Fabric and First Capital whilst retail interest was noted in Pan Asia Banking Corporation, Union Bank and Softlogic Capital. 
Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. 
The Banking sector was the top contributor to the market turnover (due to Hatton National Bank and Pan Asia Banking Corporation) whilst the sector index lost 1.11%. The share price of Hatton National Bank decreased by Rs. 3.75 (2.09%) to close at Rs. 176.00. 

The share price of Pan Asia Banking Corporation appreciated by Rs. 0.60 (2.70%) to close at Rs. 22.80. Diversified Financials sector was the second highest contributor to the market turnover (due to Capital Alliance) whilst the sector index decreased by 0.72%. 
The share price of Capital Alliance gained Rs. 2.60 (2.91%) to close at Rs. 92.00. John Keells Holdings and Hayleys Fabric were also included amongst the top turnover contributors. The share price of John Keells Holdings moved down by Rs. 1.75 (0.91%) to close at Rs. 190.75. The share price of Hayleys Fabric recorded a gain of Rs. 1.10 (2.46%) to close at Rs. 45.90.