Indices close in red for the 5th consecutive day

Indices closed in red as a result of price losses in counters such as Sampath Bank, Hatton National Bank and DFCC Bank with the turnover crossing Rs 1.2 Bn. High net worth and institutional investor participation was noted in John Keells Holdings and Hayleys Fabric. Mixed interest was observed in First Capital Treasuries, First Capital Holdings and Capital Alliance whilst retail interest was noted in Amana Bank rights, Browns Investments and LOLC Finance. Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. 

Diversified Financials sector was the top contributor to the market turnover (due to First Capital Treasuries, First Capital Holdings and Capital Alliance) whilst the sector index lost 0.72%. The share price of First Capital Treasuries increased by Rs 4.70 (13.28%) to close at Rs 40.10. The share price of First Capital Holdings gained Rs 6.00 (13.61%) to close at Rs 50.10. The share price of Capital Alliance moved down by Rs 0.40 (0.63%) to close at Rs 63.20. 

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index decreased by 0.70%. The share price of John Keells Holdings recorded a loss of Rs 1.25 (0.66%) to close at Rs 188.50.
 Expolanka Holdings was also included amongst the top turnover contributors. The share price of Expolanka Holdings declined by Rs 0.50 (0.40%) to close at Rs 124.25.
 Furthermore, First Capital Treasuries announced its interim dividend of Rs. 10.00 per share.