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Indices closed in red as a result of price losses in counters such as Melstacorp, Sampath Bank and John Keells
Holdings with the turnover crossing Rs. 7.3 Bn. High net worth and institutional investor participation was noted
in Cargills, C T Holdings and Commercial Bank. Mixed interest was observed in Lanka Credit and Business
Finance, John Keells Holdings and Colombo Dockyard whilst retail interest was noted in Kotagala Plantations,
Co-Operative Insurance Company and Hela Apparel Holdings. Foreign participation in the market activity
remained at subdued levels with foreigners closing as net sellers.
The Banking sector was the top contributor to the market turnover (due to Commercial Bank) whilst the sector index lost 0.35%. The share price of Commercial Bank increased by Rs 0.75 (0.38%) to close at Rs 197.00.
The Capital Goods sector was the second highest contributor to the market turnover (due to Colombo Dockyard and John Keells Holdings) whilst the sector index decreased by 0.74%. The share price of Colombo Dockyard
recorded a gain of Rs 4.50 (3.47%) to close at Rs 134.00.
The share price of John Keells Holdings declined by Rs 0.20 (0.92%) to close at Rs 21.50. Cargills and C T Holdings were also included amongst the top turnover contributors. The share price of Cargills closed flat at Rs 750.00. The share price of C T Holdings moved down by Rs 1.50 (0.23%) to close at Rs 651.00.