Indices close in red

The ASPI closed in red as a result of price losses in counters such as Colombo Dockyard, Commercial Bank and Nations Trust Bank with the turnover crossing Rs. 4.6 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in ACL Cables, Tokyo Cement Company nonvoting and Dialog Axiata. Mixed interest was observed in Citrus Leisure, Colombo Dockyard and Hayleys whilst retail interest was noted in SMB Leasing, Muller & Phipps and Mackwoods Energy. Furthermore,foreigners closed as net sellers.

Capital Goods sector was the top contributor to the market turnover (due to ACL Cables and Colombo Dockyard) whilst the sector index lost 0.58%. The share price of ACL Cables lost Rs 1.00 (0.97%) to close at Rs 102.00. The share price of Colombo Dockyard recorded a loss of Rs 8.25 (7.08%) to close at Rs 108.25.

Materials sector was the second highest contributor to the market turnover (due to Tokyo Cement Company nonvoting) whilst the sector index decreased by 0.62%. The share price of Tokyo Cement Company nonvoting decreased by Rs 0.80 (0.85%) to close at Rs 93.60.

Citrus Leisure Plc and Dialog Axiata were also included amongst the top turnover contributors. The share price of Citrus Leisure Plc moved up by Rs 0.10 (2.33%) to close at Rs 4.40. The share price of Dialog Axiata appreciated by Rs 0.30 (0.89%) to close at Rs 33.90.