Indices continue to close in red

The ASPI closed in red as a result of price losses in counters such as Senkadagala Finance, Hatton National Bank and Richard Pieris & Company with the turnover crossing Rs. 4.4 bn. 

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Kelani Valley Plantations, John Keells Holdings and Hayleys. 

Mixed interest was observed in Hemas Holdings, Sierra Cables and Hatton National Bank whilst retail interest was noted in Browns Investments, Renuka Agri Foods and Waskaduwa Beach Resort. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. 

Capital Goods sector was the top contributor to the market turnover (due to Hayleys, Hemas Holdings, John Keells Holdings and Sierra Cables) whilst the sector index lost 0.31%. The share price of Hayleys closed flat at Rs. 195.00. 

The share price of Hemas Holdings lost Rs. 0.10 (0.28%) to close at Rs. 35.60. The share price of John Keells Holdings moved up by Rs. 0.10 (0.44%) to close at Rs. 22.60. The share price of Sierra Cables recorded a gain of Rs 0.10 (0.30%) to close at Rs. 33.00. 

The Banking sector was the second highest contributor to the market turnover whilst the sector index decreased by 0.59%. Kelani Valley Plantations was also included amongst the top turnover contributors. The share price of Kelani Valley Plantations closed flat at Rs. 94.00.