Indices close in red

The ASPI closed in red as a result of price losses in counters such as Dialog Axiata, John Keells Holdings and Windforce with the turnover crossing Rs. 1.7 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Colombo Dockyard, Sathosa Motors and Galadari Hotels. Mixed interest was observed in Windforce, HNB Finance and CIC Holdings whilst retail interest was noted in LOLC Finance, Browns Investments and UB Finance Company. Furthermore, foreigners remained active closing as net sellers.

Utilities sector was the top contributor to the market turnover (due to Windforce Limited) whilst the sector index lost 2.39%. The share price of Windforce Limited decreased by Rs 2.20 (5.12%) to close at Rs 40.80.

Capital Goods sector was the second highest contributor to the market turnover (due to Colombo Dockyard) whilst the sector index decreased by 0.52%. The share price of Colombo Dockyard lost Rs 0.25 (0.19%) to close at Rs 130.00.

Sathosa Motors, Distilleries and HNB Finance were also included amongst the top turnover contributors. The share price of Sathosa Motors edged up by Rs 0.75 (0.06%) to close at Rs 1,200.50. The share price of Distilleries recorded a gain of Rs 0.50 (0.88%) to close at Rs 57.50. The share price of HNB Finance closed flat at Rs 9.60.