Indices closed in red

The ASPI edged down as a result of price losses in counters such as John Keells Holdings, Commercial Bank and Melstacorp with the turnover crossing Rs. 6.2 bn. 

Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in John Keells Hotels, Access Engineering and Jetwing Symphony. 

Mixed interest was observed in John Keells Holdings, The Kingsbury and Vallibel One whilst retail interest was noted in Cargills Bank, Janashakthi Insurance Company and Haycarb. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. 

The Consumer Services sector was the top contributor to the market turnover (due to John Keells Hotels, Jetwing Symphony Limited and The Kingsbury) whilst the sector index gained 7.68%. The share price of John Keells Hotels gained Rs. 1.20 (5.85%) to close at Rs. 21.70. 

The share price of Jetwing Symphony Limited moved up by Rs 4.60 (38.66%) to close at Rs. 16.50. 

The share price of The Kingsbury appreciated by Rs. 2.20 (15.94%) to close at Rs. 16.00. Capital Goods sector was the second highest contributor to the market turnover (due to Access Engineering and John Keells Holdings) whilst the sector index decreased by 0.35%. 

The share price of Access Engineering increased by Rs. 5.00 (8.62%) to close at Rs. 63.00. The share price of John Keells Holdings recorded a loss of Rs. 0.30 (1.17%) to close at Rs. 25.30.