Daily Mirror - Print Edition

Indices record losses

15 May 2024 - {{hitsCtrl.values.hits}}      

Indices closed in red as a result of price losses in counters such as LOLC Holdings, John Keells Holdings and Commercial Bank with the turnover crossing Rs. 3.3 bn. 
High net worth and institutional investor participation were noted in John Keells Holdings, Piramal Glass and Sampath Bank. 
Mixed interest was observed in Sunshine Holdings, Browns Investments and Royal Ceramics whilst retail interest was noted in LOLC Finance, SMB Leasing nonvoting and Softlogic Capital. 


Furthermore, foreigners closed as net sellers. The capital Goods sector was the top contributor to the market turnover whilst the sector index lost 1.57%. The share price of John Keells Holdings decreased by Rs. 3.75 (1.81%) to close at Rs. 203.25. 
The Banking sector was the second highest contributor to the market turnover whilst the sector index decreased by 1.56%. The share price of Sampath Bank moved down by Rs. 0.80 (1.00%) to close at Rs. 79.10. 


Piramal Glass, Sunshine Holdings and Browns Investments were also included amongst the top turnover contributors. The share price of Piramal Glass lost Rs. 0.30 (1.02%) to close at Rs. 29.00. The share price of Sunshine Holdings recorded a gain of Rs. 0.50 (0.77%) to close at Rs. 65.50. The share price of Browns Investments declined by Rs. 0.20 (3.03%) to close at Rs. 6.40. Carson Cumberbatch and Harischandra Mills declared interim dividends of Rs. 4.70 and Rs. 40.00 respectively.