Crossings account for 20% of turnover

The ASPI closed in red as a result of price losses in counters such as Ceylinco Holdings, Hatton National Bank and Melstacorp with the turnover crossing Rs. 2.9 bn.

 A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Sampath Bank and Sunshine Holdings. 

Mixed interest was observed in Browns Investments, Dipped Products and Hatton National Bank whilst retail interest was noted in LOLC Finance, Industrial Asphalts and LVL Energy Fund. Furthermore, foreigners closed as net sellers. 

Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index lost 0.63%. The share price of John Keells Holdings closed flat at Rs. 22.20. 

The Banking sector was the second highest contributor to the market turnover (due to Sampath Bank and Hatton National Bank) whilst the sector index decreased by 1.44%. The share price of Sampath Bank lost Rs. 1.50 (1.22%) to close at Rs. 121.50. The share price of Hatton National Bank declined by Rs. 6.75 (1.99%) to close at Rs. 332.75. 

Browns Investments and Dipped Products were also included amongst the top turnover contributors. The share price of Browns Investments moved down by Rs. 0.10 (1.19%) to close at Rs. 8.30. The share price of Dipped Products recorded a loss of Rs. 0.70 (1.16%) to close at Rs. 59.80.