Indices closed in red

Indices closed in red as a result of price losses in counters such as John Keells Holdings, Melstacorp and DFCC Bank with the turnover crossing Rs. 3.3 bn. 

High net worth and institutional investor participation was noted in Renuka Holdings, John Keells Holdings and DFCC Bank. 

Mixed interest was observed in Singer Sri Lanka, National Development Bank and Hatton National Bank whilst retail interest was noted in UB Finance Company, SMB Leasing and Renuka Agri Foods. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. The Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Renuka Holdings) whilst the sector index lost 1.07%. The share price of John Keells Holdings decreased by Rs. 0.40 (1.67%) to close at Rs. 23.50. The share price of Renuka Holdings gained Rs. 1.40 (6.36%) to close at Rs. 23.40. 

The Banking sector was the second highest contributor to the market turnover (due to DFCC Bank and Hatton National Bank) whilst the sector index decreased by 0.16%. The share price of DFCC Bank moved down by Rs. 1.50 (0.97%) to close at Rs. 153.75. The share price of Hatton National Bank recorded a gain of Rs. 1.25 (0.34%) to close at Rs. 374.25. Singer Sri Lanka was also included amongst the top turnover contributors. The share price of Singer Sri Lanka appreciated by Rs. 1.60 (2.55%) to close at Rs. 64.40.