Indices continue to close in red

The ASPI closed in red as a result of price losses in counters such as Dialog Axiata, Sampath Bank and Ceylon Beverage Holdings with the turnover crossing Rs. 2.0 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Teejay Lanka, John Keells Holdings, Diesel & Motor Engineering. Mixed interest was observed in Commercial Bank, Hatton National Bank nonvoting and Dialog Axiata whilst retail interest was noted in Industrial Asphalts, SMB Leasing and Hela Apparel Holdings. Furthermore, foreigners closed as net sellers. 

Consumer Durables & Apparel sector was the top contributor to the market turnover (due to Teejay Lanka) whilst the sector index gained 0.58%. The share price of Teejay Lanka increased by Rs 0.40 (1.29%) to close at Rs 31.30.

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index decreased by 0.32%. The share price of John Keells Holdings gained Rs 0.10 (0.50%) to close at Rs 20.10.

Commercial Bank, Hatton National Bank nonvoting and Dialog Axiata were also included amongst the top turnover contributors. The share price of Commercial Bank moved down by Rs 1.25 (0.61%) to close at Rs 205.00. The share price of Hatton National Bank nonvoting recorded a loss of Rs 2.25 (0.68%) to close at Rs 330.75. The share price of Dialog Axiata declined by Rs 1.10 (2.51%) to close at Rs 42.80.