Indices close in red

The ASPI closed in red as a result of price losses in counters such as John Keells Holdings, Senkadagala Finance and Sampath Bank with the turnover crossing Rs. 6.1 bn. 

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hatton Plantations, Laugfs Gas and C M Holdings. 

Mixed interest was observed in Colombo Dockyard, John Keells Holdings and Lanka Realty Investments whilst retail interest was noted in UB Finance Company, SMB Leasing and Hikkaduwa Beach Resort. 

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 Colombo Dockyard and John Keells Holdings) whilst the sector index lost 0.61%. The share price of Colombo Dockyard increased by Rs. 58.75 (21.60%) to close at Rs. 330.75. The share price of John Keells Holdings lost Rs. 0.40 (1.88%) to close at Rs. 20.90. 

Food, Beverage & Tobacco sector was the second highest contributor to the market turnover whilst the sector index decreased by 0.22%. C M Holdings, Lanka Realty Investments and Laugfs Gas were also included amongst the top turnover contributors. 

The share price of C M Holdings moved up by Rs. 11.30 (16.82%) to close at Rs. 78.50. The share price of Lanka Realty Investments recorded a gain of Rs. 6.80 (24.29%) to close at Rs. 34.80. The share price of Laugfs Gas appreciated by Rs. 0.70 (1.14%) to close at Rs. 61.90.