Indices close in red

The ASPI closed in red as a result of price losses in counters such as Cargills, Richard Pieris & Company and Melstacorp with the turnover crossing Rs. 919 mn. 
A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hayleys. Mixed interest was observed in Capital Alliance, John Keells Hotels and CIC Holdings whilst retail interest was noted in SMB Leasing nonvoting, Tess Agro and Browns Investments. 

Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers. Capital Goods sector was the top contributor to the market turnover (due to Hayleys) whilst the sector index lost 0.62%. The share price of Hayleys lost Rs. 0.60 (0.64%) to close at Rs. 93.80. 

Diversified Financials sector was the second highest contributor to the market turnover (due to Capital Alliance) whilst the sector index decreased by 0.22%. The share price of Capital Alliance increased by Rs. 1.40 (1.77%) to close at Rs. 80.30. 

John Keells Hotels, CIC Holdings and Asian Hotels & Properties were also included amongst the top turnover contributors. The share price of John Keells Hotels moved up by Rs. 0.60 (2.52 %) to close at Rs. 24.40. The share price of CIC Holdings recorded a gain of Rs. 1.00 (1.35%) to close at Rs. 75.00. The share price of Asian Hotels & Properties appreciated by Rs. 0.70 (1.13%) to close at Rs. 62.70.