Indices close in red

The ASPI edged down as a result of price losses in counters such as Commercial Bank, DFCC Bank and Richard Pieris & Company with the turnover crossing Rs. 3.3 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Renuka Agri Foods, Maharaja Foods and Capital Alliance Holdings Limited. Mixed interest was observed in Tokyo Cement Company, LOLC Holdings and Tokyo Cement Company nonvoting whilst retail interest was noted in UB Finance Company , Lanka Credit and Business Finance and LVL Energy Fund. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.
Food, Beverage & Tobacco sector was the top contributor to the market turnover (due to Renuka Agri Foods and Maharaja Foods ) whilst the sector index edged up by 0.05%. The share price of Renuka Agri Foods decreased by Rs 0.70 (6.19%) to close at Rs 10.60. The share price of Maharaja Foods recorded a gain of Rs 0.60 (4.92%) to close at Rs 12.80.
Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index decreased by 0.19%. The share price of John Keells Holdings declined by Rs 0.10 (0.47%) to close at Rs 21.00. 
Tokyo Cement Company and Capital Alliance Holdings Limited were also included amongst the top turnover contributors. The share price of Tokyo Cement Company gained Rs 2.00 (1.88%) to close at Rs 108.25. The share price of Capital Alliance Holdings Limited moved up by Rs 0.10 (0.58%) to close at Rs 17.30.