Indices continue to fall

The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Vallibel One and Expolanka Holdings with the turnover crossing Rs. 2.2 bn.

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Lanka Tiles, John Keells Holdings and Hatton National Bank.

Mixed interest was observed in Expolanka Holdings, Aitken Spence and Softlogic Life Insurance whilst retail interest was noted in Softlogic Capital, Browns Investments and Expack Corrugated Cartons.

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 0.54%. The share price of John Keells Holdings closed flat at Rs. 145.50.

The share price of Aitken Spence closed flat at Rs. 150.00. Materials sector was the second highest contributor to the market turnover whilst the sector index decreased by 0.31%.

Expolanka Holdings, Softlogic Capital and Browns Investments were also included amongst the top turnover contributors. The share price of Expolanka Holdings moved down by Rs. 4.25 (2.19%) to close at Rs. 189.75. The share price of Softlogic Capital recorded a loss of Rs. 0.40 (2.44%) to close at Rs. 16.00. The share price of Browns Investments declined by Rs. 0.20 (3.23%) to close at Rs. 6.00.