Indices close in red

The ASPI closed in red as a result of price losses in counters such as C T Holdings, Melstacorp and Ambeon Holdings with the turnover crossing Rs. 1.6 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in John Keells Holdings, Chevron Lubricants and Janashakthi Limited. Mixed interest was observed in Commercial Bank, Renuka Agri Foods and Prime Lands

Residencies whilst retail interest was noted in Hela Apparel Holdings, Lanka Credit and Business Finance and ACME Printing & Packaging. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.

Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index gained 0.21%. The share price of John Keells Holdings increased by Rs 0.10 (0.51%) to close at Rs 19.80.

Materials sector was the second highest contributor to the market turnover (due to Chevron Lubricants) whilst the sector index decreased by 0.25%. The share price of Chevron Lubricants gained Rs 0.25 (0.13%) to close at Rs 195.25.

Commercial Bank, Janashakthi Limited and Panasian Power were also included amongst the top turnover contributors. The share price of Commercial Bank moved down by Rs 0.50 (0.25%) to close at Rs 200.50. The share price of Janashakthi Limited recorded a loss of Rs 0.10 (0.83%) to close at Rs 12.00. The share price of Panasian Power declined by Rs 0.90 (5.29%) to close at Rs 16.10.