Indices close in red

The ASPI closed in red as a result of price losses in counters such as Senkadagala Finance, Ceylon Tobacco Company and John Keells Holdings with the turnover crossing Rs. 6.9 bn. 

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Prime Lands Residencies, Ceylon Tobacco Company and Sampath Bank. 

Mixed interest was observed in Panasian Power, Asia Siyaka Commodities and Cargills Bank whilst retail interest was noted in Softlogic Capital, Hemas Holdings and Softlogic Life Insurance. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. 

Capital Goods sector was the top contributor to the market turnover (due to Hemas Holdings and Colombo Dockyard) whilst the sector index lost 0.64%. The share price of Hemas Holdings moved down by Rs. 0.10 (0.29%) to close at Rs. 34.80. The share price of Colombo Dockyard recorded a loss of Rs. 2.75 (1.85%) to close at Rs. 146.25. 

Real Estate sector was the second highest contributor to the market turnover (due to Prime Lands Residencies) whilst the sector index increased by 0.70%. The share price of Prime Lands Residencies increased by Rs. 2.60 (5.88%) to close at Rs. 46.80.  Softlogic Capital and Ceylon Tobacco Company were also included amongst the top turnover contributors. The share price of Softlogic Capital gained Rs. 1.40 (24.56%) to close at Rs. 7.10. The share price of Ceylon Tobacco Company declined by Rs. 49.75 (2.84%) to close at Rs. 1,701.50.