Indices close in red

The ASPI closed in red as a result of price losses in counters such as Expolanka Holdings, LOLC Holdings and Commercial Leasing & Finance with the turnover crossing Rs. 3.9 bn.

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Sampath Bank.

Mixed interest was observed in Expolanka Holdings, Tokyo Cement Company non voting and LOLC Holdings whilst retail interest was noted in Browns Investments, Lanka Orix Finance and Industrial Asphalts.

Foreign participation in the market activity remained at subdued levels with foreigners closing as net buyers.

Transportation sector was the top contributor to the market turnover (due to Expolanka Holdings) whilst the sector index lost 2.93%. The share price of Expolanka Holdings decreased by Rs. 5.00 (2.93%) closing at Rs. 165.50.

Food, Beverage & Tobacco sector was the second highest contributor to the market turnover (due to Browns Investments) whilst the sector index decreased by 0.32%.

The share price of Browns Investments lost Rs. 0.30 (3.03%) closing at Rs. 9.60. Sampath Bank, Lanka Orix Finance and Tokyo Cement Company non voting were also included amongst the top turnover contributors.

The share price of Sampath Bank moved up by Rs. 0.30 (0.58%) to close at Rs. 51.90. The share price of Lanka Orix Finance recorded a loss of Rs. 0.10 (1.16%) closing at Rs. 8.50. The share price of Tokyo Cement Company non voting appreciated by Rs. 3.90 (9.61%) to close at Rs. 44.50.