Indices close in red

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Colombo Dockyard and Dialog Axiata with the turnover crossing Rs. 4.9 bn. 

Meanwhile, the S&P SL20 edged down. High net worth and institutional investor participation was noted in Dialog Axiata, Renuka Holdings and Hayleys. 

Mixed interest was observed in John Keells Holdings, ACME Printing & Packaging Rights and Colombo Dockyard whilst retail interest was noted in SMB Leasing nonvoting, Tess Agro and Browns Investments. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Hayleys) whilst the sector index gained 0.63%. The share price of John Keells Holdings gained Rs. 0.20 (0.88%) to close at Rs. 22.80. 

The share price of Hayleys recorded a gain of Rs. 1.25 (0.52%) to close at Rs. 240.25. Diversified Financials sector was the second highest contributor to the market turnover whilst the sector index decreased by 0.17%. Dialog Axiata, Dipped Products and ACME Printing & Packaging Rights were also included amongst the top turnover contributors. 

The share price of Dialog Axiata decreased by Rs. 0.60 (1.80%) to close at Rs. 32.70. The share price of Dipped Products moved down by Rs. 0.60 (1.03%) to close at Rs. 57.50. The share price of ACME Printing & Packaging Rights declined by Rs. 5.30 (64.63%) to close at Rs. 2.90.