Foreign trading accounts for 60% of turnover

Indices closed in red as a result of price losses in counters such as Commercial Bank, Sampath Bank and Melstacorp with the turnover crossing Rs 1.1 Bn. High net worth and institutional investor participation was noted in Aitken Spence, C T Holdings and John Keells Holdings. Mixed interest was observed in Teejay Lanka, Capital Alliance and First Capital Treasuries whilst retail interest was noted in Eden Hotel Lanka rights, Marawila Resorts and Browns Investments. Furthermore, foreigners remained active closing as net buyers.

Capital Goods sector was the top contributor to the market turnover (due to John Keells Holdings and Aitken Spence) whilst the sector index lost 0.27%. The share price of John Keells Holdings closed flat at Rs 193.00. The share price of Aitken Spence gained Rs 1.00 (0.77%) to close at Rs 131.00.
Diversified Financials sector was the second highest contributor to the market turnover (due to Capital Alliance) whilst the sector index edged down by 0.08%.

The share price of Capital Alliance declined by Rs 2.60 (3.99%) to close at Rs 62.50.
C T Holdings and Teejay Lanka were also included amongst the top turnover contributors. The share price of C THoldings moved up by Rs 6.75 (2.85%) to close at Rs 244.00. The share price of Teejay Lanka recorded a gain of Rs 0.20 (0.58%) to close at Rs 34.40.