Indices close in red

The ASPI closed in red as a result of price losses in counters such as National Development Bank, Ceylinco Holdings and Cargills with the turnover crossing Rs. 1.8 bn. 

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hatton National Bank nonvoting, Hatton National Bank and Galle Face Capital Partners. 

Mixed interest was observed in National Development Bank, Tokyo Cement Company nonvoting and Commercial Bank whilst retail interest was noted in Browns Investments, LVL Energy Fund and HVA Foods. Furthermore, foreigners closed as net sellers. 

The Banking sector was the top contributor to the market turnover (due to National Development Bank, Hatton National Bank nonvoting and Hatton National Bank) whilst the sector index lost 0.70%. The share price of National Development Bank decreased by Rs. 19.75 (15.13%) to close at Rs. 110.75. The share price of Hatton National Bank nonvoting lost Rs. 2.50 (0.75%) to close at Rs. 330.75. The share price of Hatton National Bank moved up by Rs. 3.25 (0.82%) to close at Rs. 398.25. 

Materials sector was the second highest contributor to the market turnover (due to Tokyo Cement Company nonvoting) whilst the sector index decreased by 0.17%. The share price of Tokyo Cement Company nonvoting recorded a loss of Rs. 1.10 (1.50%) to close at Rs. 72.10. Galle Face Capital Partners was also included amongst the top turnover contributors. The share price of Galle Face Capital Partners appreciated by Rs. 0.20 (0.79%) to close at Rs. 25.40.