Month begins with losses

The ASPI edged down as a result of price losses in counters such as Hatton National Bank, Bukit Darah and Sampath Bank with the turnover crossing Rs. 3.0 billion. 

Meanwhile, the S&P SL20 closed in red. High net worth and institutional investor participation was noted in John Keells Holdings, Hayleys and Janashakthi Insurance. 

Mixed interest was observed in Royal Ceramics, Central Finance Company and CIC Holdings nonvoting whilst retail interest was noted in Nation Lanka Finance, SMB Leasing nonvoting and Browns Investments. 
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, John Keells Holdings and Royal Ceramics) whilst the sector index gained 0.30%. 

The share price of Hayleys increased by Rs. 2.90 (3.19%) to close at Rs. 93.90. The share price of John Keells Holdings edged down by Rs. 0.25 (0.12%) to close at Rs. 209.25. The share price of Royal Ceramics moved up by Rs 0.50 (1.49%) to close at Rs. 34.10. 

Diversified Financials sector was the second highest contributor to the market turnover (due to Central Finance Company) whilst the sector index increased by 0.92%. The share price of Central Finance Company appreciated by Rs. 2.50 (2.04%) to close at Rs. 125.25. 

Janashakthi Insurance was also included amongst the top turnover contributors. The share price of Janashakthi Insurance recorded a gain of Rs. 0.30 (0.56%) to close at Rs. 53.50.