Indices close in red

Indices closed in red as a result of price losses in counters such as DFCC Bank, Commercial Bank and Dialog Axiata with the turnover crossing Rs. 1.6bn. 

High net worth and institutional investor participation was noted in John Keells Holdings, Chevron Lubricants and Sunshine Holdings. 

Mixed interest was observed in Sampath Bank, Commercial Bank and HNB Finance Rights whilst retail interest was noted in Hela Apparel Holdings, HVA Foods and HNB Finance Rights nonvoting. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. 

Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings) whilst the sector index lost 0.75%. The share price of John Keells Holdings decreased by Rs. 0.10 (0.51%) to close at Rs. 19.70. 

The Banking sector was the second highest contributor to the market turnover (due to Sampath Bank and Commercial Bank) whilst the sector index decreased by 0.70%. The share price of Sampath Bank lost Rs. 0.75 (0.54%) to close at Rs. 138.25. The share price of Commercial Bank moved down by Rs. 1.50 (0.75%) to close at Rs. 199.00. 

Sunshine Holdings and Chevron Lubricants were also included amongst the top turnover contributors. The share price of Sunshine Holdings closed flat at Rs. 28.50. The share price of Chevron Lubricants declined by Rs. 1.00 (0.51%) to close at Rs. 194.25.