ASPI loses 2.2% during the week

The ASPI edged down as a result of price losses in counters such as Chevron Lubricants, Sampath Bank and LOLC Holdings with the turnover crossing Rs. 2.1 Bn. Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in John Keells Holdings, Hemas Holdings and R I L Property. Mixed interest was observed in Hayleys, Sampath Bank and Melstacorp whilst retail interest was
noted in HNB Finance voting and nonvoting and Browns Investments. Furthermore, foreigners closed as net sellers.
During the week, the ASPI and the S&P SL20 lost 2.2% and 2.5% respectively, whilst recording an average daily turnover of Rs. 2.73 Bn.
Capital Goods sector was the top contributor to the market turnover (due to Hemas Holdings, John Keells Holdings and Hayleys) whilst the sector index edged up by 0.03%. The share price of Hemas Holdings increased
by Rs. 3.00 (2.55%) to close at Rs. 120.75. The share price of John Keells Holdings closed flat at Rs. 21.00. The
share price of Hayleys recorded a loss of Rs. 0.50 (0.36%) to close at Rs. 140.00.
The Banking sector was the second highest contributor to the market turnover (due to Sampath Bank) whilst the sector index decreased by 0.13%. The share price of Sampath Bank declined by Rs. 1.25 (1.03%) to close at Rs. 120.50.
R I L Property was also included amongst the top turnover contributors. The share price of R I L Property moved down by Rs. 0.10 (0.66%) to close at Rs. 15.00.