Indices close in red

The ASPI closed in red as a result of price losses in counters such as C T Holdings, Hayleys and Sampath Bank with the turnover crossing Rs. 2.1bn. 

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Commercial Bank, Digital Mobility Solutions Lanka and John Keells Holdings. 

Mixed interest was observed in ACL Cables, Ceylon Grain Elevators and Janashakthi Limited whilst retail interest was noted in Citrus Leisure, Industrial Asphalts and SMB Leasing. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. 

The Banking sector was the top contributor to the market turnover (due to Commercial Bank) whilst the sector index lost 0.38%. The share price of Commercial Bank lost Rs. 0.25 (0.12%) to close at Rs. 209.75. Diversified Financials sector was the second highest contributor to the market turnover (due to LB Finance) whilst the sector index decreased by 0.49%. 

The share price of LB Finance closed flat at Rs. 155.00. Digital Mobility Solutions Lanka, ACL Cables and Citrus Leisure Plc were also included amongst the top turnover contributors. The share price of Digital Mobility Solutions Lanka increased by Rs. 2.00 (1.31%) to close at Rs. 155.00. The share price of ACL Cables moved down by Rs. 0.50 (0.50%) to close at Rs. 100.00. The share price of Citrus Leisure Plc recorded a gain of Rs. 0.20 (4.65%) to close at Rs. 4.50.