Indices close on a negative note

Indices closed in red as a result of price losses in counters such as Sampath Bank, Commercial Bank and John Keells Holdings with the turnover crossing Rs. 483 Mn. 

High net worth and institutional investor participation was noted in John Keells Holdings and Hayleys. 
Mixed interest was observed in Ceylon Cold Stores, Commercial Bank and Sampath Bank whilst retail interest was noted in Browns Investments, LOLC Finance and SMB Leasing. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Hayleys) whilst the sector index lost 0.93%. The share price of John Keells Holdings decreased by Rs. 2.00 (0.99%) to close at Rs. 200.00. The share price of Hayleys moved down by Rs. 1.00 (1.01%) to close at Rs. 98.40. 

Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Ceylon Cold Stores) whilst the sector index decreased by 0.32%. The share price of Ceylon Cold Stores lost Rs. 1.00 (1.75%) to close at Rs. 56.00. Commercial Bank and Sampath Bank were also included amongst the top turnover contributors. The share price of Commercial Bank recorded a loss of Rs. 1.25 (.21%) to close at Rs. 101.75. The share price of Sampath Bank declined by Rs. 1.60 (2.05%) to close at Rs. 76.30.