Indices close in red

The ASPI closed in red as a result of price losses in counters such as Bukit Darah, Ceylon Beverage Holdings and RIL Property with the turnover crossing Rs. 2.8bn. 

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Ceylon Cold Stores, Overseas Realty and Access Engineering. 

Mixed interest was observed in Softlogic Capital, Nawaloka Hospitals and Softlogic Holdings whilst retail interest was noted in Citrus Leisure, Lanka Credit and Business Finance and Cargills Bank. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. 

Food, Beverage & Tobacco sector was the top contributor to the market turnover (due to Ceylon Cold Stores) whilst the sector index edged down by 0.11%. The share price of Ceylon Cold Stores increased by Rs. 3.25 (2.85%) to close at Rs. 117.25. Capital Goods sector was the second highest contributor to the market turnover (due to Access Engineering) whilst the sector index decreased by 0.39%.

The share price of Access Engineering declined by Rs. 0.10 (0.13%) to close at Rs. 76.50. Softlogic Capital, Nawaloka Hospitals and Overseas Realty were also included amongst the top turnover contributors. The share price of Softlogic Capital lost Rs. 0.30 (1.80%) to close at Rs. 16.40. The share price of Nawaloka Hospitals moved up by Rs. 1.20 (8.33%) to close at Rs. 15.60. The share price of Overseas Realty recorded a gain of Rs. 1.40 (3.01%) to close at Rs. 47.90.