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Market slump continues

26 Apr 2023 - {{hitsCtrl.values.hits}}      

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Ceylon Tobacco Company and Expolanka Holdings with the turnover crossing Rs. 1.1 bn. 
A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Windforce Limited, Teejay Lanka and Melstacorp. 
Mixed interest was observed in Dialog Axiata, Expolanka Holdings and Capital Alliance whilst retail interest was noted in Browns Investments, Industrial Asphalts and Blue Diamonds Jewellery Worldwide. 


Furthermore, foreigners closed as net buyers. Capital Goods sector was the top contributor to the market turnover (due to Aitken Spence) whilst the sector index lost 0.56%. 
The share price of Aitken Spence increased by Rs 3.00 (2.27%) to close at Rs 135.00. Food, Beverage & Tobacco sector was the second highest contributor to the market turnover whilst the sector index decreased by 0.73%. 


Windforce Limited, Dialog Axiata, Capital Alliance and Expolanka Holdings were also included amongst the top turnover contributors. The share price of Windforce Limited closed flat at Rs 16.50. The share price of Dialog Axiata closed flat at Rs 11.00. 
The share price of Capital Alliance recorded a loss of Rs 0.60 (1.98%) to close at Rs 29.70. The share price of Expolanka Holdings declined by Rs 3.25 (2.00%) to close at Rs 159.25.