Crossings boost turnover

Indices closed in red as a result of price losses in counters such as Hatton National Bank, John Keells Holdings and Commercial Bank with the turnover crossing Rs. 4.4 Bn. Crossings were witnessed in Hatton National Bank, E B Creasy & Company and Hemas Holdings accounting for 55.7% of the turnover. Mixed interest was observed in Royal Ceramics, Sierra Cables and Colombo Dockyard

whilst retail interest was noted in Mackwoods Energy, HVA Foods and Renuka Agri Foods. Furthermore, foreigners closed as net sellers.

The Banking sector was the top contributor to the market turnover (due to Hatton National Bank and Sampath Bank) whilst the sector index lost 0.93%. The share price of Hatton National Bank decreased by Rs 6.25 (1.55%) to close at Rs 397.75. The share price of Sampath Bank closed flat at Rs 145.75.

The Capital Goods sector was the second highest contributor to the market turnover (due to Hemas Holdings and Royal Ceramics) whilst the sector index decreased by 1.06%. The share price of Hemas Holdings lost Rs 0.10 (0.32%) to close at Rs 30.80. The share price of Royal Ceramics closed flat at Rs 45.00.

Sunshine Holdings was also included amongst the top turnover contributors. The share price of Sunshine Holdings recorded a loss of Rs 0.20 (0.65%) to close at Rs 30.50.