Crossings account for 63.7% of turnover

The ASPI closed in red as a result of price losses in counters such as Hatton National Bank, Cargills and DFCC Bank with the turnover crossing Rs. 6.5 bn.

A similar behaviour was witnessed in the S&P SL20. Crossings were witnessed in Prime Lands Residencies, Resus Energy and Sampath Bank, accounting for 63.7% of the turnover. Mixed interest was observed in Chevron Lubricants, Sierra Cables and John Keells Holdings whilst retail interest was noted in UB Finance Company, Nawaloka Hospitals and LVL Energy Fund. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.

The Real Estate sector was the top contributor to the market turnover (due to Prime Lands Residencies) whilst the sector index gained 0.44%. The share price of Prime Lands Residencies increased by Rs. 2.00 (6.67%) to close at Rs. 32.00. The Capital Goods sector was the second highest contributor to the market turnover (due to Sierra Cables) whilst the sector index decreased by 0.66%. The share price of Sierra Cables moved up by Rs. 1.00 (3.60%) to close at Rs. 28.80. Chevron Lubricants, Sampath Bank and Resus Energy were also included amongst the top turnover contributors. 

The share price of Chevron Lubricants lost Rs. 5.50 (3.13%) to close at Rs. 170.00. The share price of Sampath Bank closed flat at Rs. 140.75. The share price of Resus Energy appreciated by Rs. 1.40 (3.33%) to close at Rs. 43.40.