Indices closed in red

The ASPI closed in red as a result of price losses in counters such as Hayleys, CT Holdings and Colombo Dockyard with the turnover crossing Rs. 5.6 bn. 

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Access Engineering, Hatton National Bank and Pan Asia Banking Corporation. 

Mixed interest was observed in Commercial Bank, Commercial Bank nonvoting and Dipped Products whilst retail interest was noted in Luminex, Millennium Housing Developers and Cargills Bank. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. Then Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Access Engineering) whilst the sector index gained 0.54%.  The share price of John Keells Holdings increased by Rs. 0.40 (1.74%) to close at Rs. 23.40. The share price of Access Engineering closed flat at Rs. 46.90. The Banking sector was the second highest contributor to the market turnover whilst the sector index decreased by 0.48%. 

LVL Energy Fund Limited, RIL Property and CIC Holdings nonvoting were also included amongst the top turnover contributors. The share price of LVL Energy Fund Limited gained Rs. 0.50 (5.88%) to close at Rs. 9.00. 

The share price of RIL Property recorded a gain of Rs. 0.10 (0.40%) to close at Rs. 25.20. The share price of CIC Holdings nonvoting appreciated by Rs. 2.65 (2.70%) to close at Rs. 100.75.