Indices continue to close in red

The ASPI closed in red as a result of price losses in counters such as Vallibel One, Sampath Bank and LOLC Holdings with the turnover crossing Rs. 6.0 bn. 
A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Expolanka Holdings, Cargills and John Keells Holdings. 
Mixed interest was observed in Lanka IOC, CIC Holdings and Lankem Developments whilst retail interest was noted in Browns Investments, SMB Leasing and Lanka Credit and Business Finance. Furthermore, foreigners remained active closing as net buyers. 
Transportation sector was the top contributor to the market turnover (due to Expolanka Holdings) whilst the sector index gained 0.66%. The share price of Expolanka Holdings increased by Rs. 1.50 (0.67%) to close at Rs. 224.75. 
Energy sector was the second highest contributor to the market turnover (due to Lanka IOC) whilst the sector index increased by 4.03%. The share price of Lanka IOC gained Rs. 11.25 (4.19%) to close at Rs. 279.75. CIC Holdings, Lankem Developments and First Capital Treasuries were also included amongst the top turnover contributors. The share price of CIC Holdings closed flat at Rs. 90.00. 
The share price of Lankem Developments recorded a gain of Rs. 0.20 (0.57%) to close at Rs. 35.20. The share price of First Capital Treasuries appreciated by Rs. 2.70 (15.70%) to close at  Rs. 19.90.