Indices continue to close in red

The ASPI closed in red as a result of price losses in counters such as Senkadagala Finance, Cargills and Dialog Axiata with the turnover crossing Rs. 3.5 bn. 

Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in Tokyo Cement Company, ACL Cable and Teejay Lanka. 

Mixed interest was observed in Renuka Agri Foods, Eastern Merchants and Ceylon Land & Equity whilst retail interest was noted in Industrial Asphalts, SMB Leasing and HNB Finance. 

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 ACL Cables) whilst the sector index edged up by 0.02%. The share price of ACL Cables closed flat at Rs. 100.00. 

Materials sector was the second highest contributor to the market turnover (due to Tokyo Cement Company) whilst the sector index decreased by 0.20%. The share price of Tokyo Cement Company closed flat at Rs. 105.25. 

Cargills , Renuka Agri Foods and Eastern Merchants were also included amongst the top turnover contributors. The share price of Cargills lost Rs. 21.00 (2.80%) to close at Rs. 730.00. The share price of Renuka Agri Foods recorded a gain of Rs. 0.10 (0.64%) to close at Rs. 15.80. The share price of Eastern Merchants appreciated by Rs. 1.20 (8.00%) to close at Rs. 16.20.