Week commences in red

The ASPI closed in red as a result of price losses in counters such as Expolanka Holdings, Hayleys and Vallibel One with the turnover crossing Rs. 3.0 bn. 
A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, ACL Cables and CIC Holdings. 
Mixed interest was observed in Expolanka Holdings, Lanka IOC and CIC Holdings nonvoting whilst retail interest was noted in Browns Investments, SMB Leasing (voting and nonvoting) and LOLC Finance. 

Furthermore, foreigners closed as net buyers. Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and ACL Cables) whilst the sector index lost 3.50%.  The share price of John Keells Holdings decreased by Rs. 0.50 (0.39%) to close at Rs. 128.50. The share price of ACL Cables declined by Rs. 9.50 (9.83%) to close at Rs. 87.10. Transportation sector was the second highest contributor to the market turnover (due to Expolanka Holdings) whilst the sector index decreased by 11.96%. 
The share price of Expolanka Holdings lost Rs. 19.75 (11.99%) to close at Rs. 145.00. 

Lanka IOC and CIC Holdings nonvoting were also included amongst the top turnover contributors. The share price of Lanka IOC moved down by Rs. 15.25 (6.71%) to close at Rs. 212.00. The share price of CIC Holdings nonvoting recorded a loss of Rs. 1.80 (2.65%) to close at Rs. 66.10. 
Furthermore, Union Chemicals Lanka announced a first interim cash dividend of Rs. 15 per share.