Crossings account for 25% of turnover

The ASPI closed in red as a result of price losses in counters such as Ceylon Tobacco Company, Melstacorp and Hatton National Bank with the turnover crossing Rs. 2.3 bn. 

Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in John Keells Holdings, Jetwing Symphony and Sampath Bank. Mixed interest was observed in National Development Bank, Hatton National Bank and Central Finance Company whilst retail interest was noted in Marawila Resorts, Lanka Credit and Business Finance and Agarapatana Plantations. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index gained 0.46%. 

The share price of John Keells Holdings increased by Rs. 0.10 (0.48%) to close at Rs. 21.00. The Banking sector was the second highest contributor to the market turnover (due to National Development Bank, Hatton National Bank and Sampath Bank) whilst the sector index decreased by 0.27%.

 The share price of National Development Bank closed flat at Rs. 115.25. The share price of Hatton National Bank moved down by Rs. 1.75 (0.56%) to close at Rs. 312.00. The share price of Sampath Bank recorded a loss of Rs. 0.25 (0.20%) to close at Rs. 121.75. 

Central Finance Company was also included amongst the top turnover contributors. The share price of Central Finance Company declined by Rs. 0.75 (0.38%) to close at Rs. 199.25.