Foreign buying boosts turnover

Indices closed in red as a result of price losses in counters such as Hayleys, Sampath Bank and John Keells Holdings with the turnover crossing Rs. 3.0 Bn. High net worth and institutional investor participation was noted in John Keells Holdings, Hatton National Bank and Ambeon Capital. Mixed interest was observed in Digital Mobility Solutions Lanka, Commercial Bank and Sampath Bank whilst retail interest was noted in Tess Agro, SMB Leasing and Singhe Hospitals. Furthermore, foreigners remained active closing as net buyers.

The Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index lost 2.69%. The share price of John Keells Holdings decreased by Rs 0.50 (2.54%) to close at Rs 19.20.

The Banking sector was the second highest contributor to the market turnover (due to Commercial Bank, Hatton National Bank and Sampath Bank) whilst the sector index decreased by 2.21%. The share price of Commercial Bank moved down by Rs 2.50 (1.92%) to close at Rs 127.75. The share price of Hatton National Bank recorded a loss of Rs 5.25 (1.87%) to close at Rs 275.25. The share price of Sampath Bank declined by Rs 3.25 (3.03%) to close at Rs 104.00.

Digital Mobility Solutions Lanka was also included amongst the top turnover contributors. The share price of Digital Mobility Solutions Lanka lost Rs 1.50 (2.08%) to close at Rs 70.50.