Indices continue to fall

The ASPI closed in red as a result of price losses in counters such as Vallibel One, Lanka IOC and Hayleys with the turnover crossing Rs. 1.8 bn. 
A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Lanka Walltiles, Expolanka Holdings and John Keells Holdings. 

Mixed interest was observed in Agstar, Lanka IOC and CIC Holdings nonvoting whilst retail interest was noted in SMB Leasing nonvoting, Browns Investments and LOLC Finance. 
Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. 
Materials sector was the top contributor to the market turnover (due to Agstar and CIC Holdings nonvoting) whilst the sector index lost 0.64%. 

The share price of Agstar increased by Rs. 1.20 (6.28%) to close at Rs. 20.30. The share price of CIC Holdings nonvoting moved down by Rs. 0.80 (1.07%) to close at Rs. 73.70. 
Energy sector was the second highest contributor to the market turnover (due to Lanka IOC) whilst the sector index decreased by 3.81%. 

The share price of Lanka IOC lost Rs. 8.75 (3.89%) to close at Rs. 216.00. Lanka Walltiles and Expolanka Holdings were also included amongst the top turnover contributors. 
The share price of Lanka Walltiles recorded a loss of Rs. 1.60 (2.23%) to close at Rs. 70.10. The share price of Expolanka Holdings declined by Rs. 4.50 (2.80%) to close at Rs. 156.25.