Indices continue to close in red

Indices closed in red as a result of price losses in counters such as Hatton National Bank, Sampath Bank and DFCC Bank with the turnover crossing Rs. 2.3 bn.

High net worth and institutional investor participation was noted in Ceylinco Holdings, Nations Trust Bank and Seylan Bank nonvoting. 

Mixed interest was observed in Hatton National Bank, Browns Investments and Sampath Bank whilst retail interest was noted in Nation Lanka Finance, Industrial Asphalts and Waskaduwa Beach Resort. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. The Banking sector was the top contributor to the market turnover (due to Hatton National Bank, Sampath Bank and Nations Trust Bank) whilst the sector index lost 1.66%. The share price of Hatton National Bank decreased by Rs. 5.50 (1.64%) to close at Rs. 329.50. The share price of Sampath Bank recorded a loss of Rs. 2.00 (1.68%) to close at Rs. 117.00. The share price of Nations Trust Bank appreciated by Rs. 0.75 (0.40%) to close at Rs. 188.00. 
Capital Goods sector was the second highest contributor to the market turnover whilst the sector index decreased by 0.91%. Browns Investments and Ceylinco Holdings were also included amongst the top turnover contributors. The share price of Browns Investments lost Rs. 0.20 (2.35%) to close at Rs. 8.30. The share price of Ceylinco Holdings closed flat at Rs. 3,102.50.