In­dices close in red

Daily Mirror (Sri Lanka) - - BUSINESS NEWS -

In­dices closed in red as a re­sult of price losses in coun­ters such as John Keells Hold­ings, Com­mer­cial Bank and Cey­lon Cold Stores. The turnover crossed Rs 670 Mn for the day. High net worth and in­sti­tu­tional in­vestor par­tic­i­pa­tion was wit­nessed in Mel­sta­corp, He­mas Hold­ings, Hat­ton Na­tional Bank Vot­ing and Non­vot­ing. Mixed in­ter­est was ob­served in Ac­cess En­gi­neer­ing whilst re­tail in­ter­est was noted in Richard Peiris and Com­pany. Mean­while, for­eign­ers re­mained ac­tive clos­ing as net buy­ers mainly due to for­eign buy­ing in Mel­sta­corp, Hat­ton Na­tional Bank Vot­ing and Non­vot­ing. To­tal for­eign pur­chases ac­counted for 66.8% of turnover.

Banks, Fi­nance and In­sur­ance sec­tor was the top con­trib­u­tor to the mar­ket turnover (due to Hat­ton Na­tional Bank Vot­ing and Non­vot­ing) whilst the sec­tor in­dex lost 1.43%. The share price of Hat­ton Na­tional Bank de­creased by Rs 2.00 (0.75%) clos­ing at Rs 263.00 whilst for­eign hold­ings in­creased by 456,760 shares. The share price of Hat­ton Na­tional Bank non­vot­ing closed flat at Rs 205.00 whilst for­eign hold­ings in­creased by 584,896 shares.

Di­ver­si­fied sec­tor was the sec­ond high­est con­trib­u­tor to the mar­ket turnover (due to Mel­sta­corp, He­mas Hold­ings and John Keells Hold­ings) whilst the sec­tor in­dex de­creased by 1.13%. The share price of Mel­sta­corp moved up by Rs 0.70 (1.20%) clos­ing at Rs 59.10 whilst for­eign hold­ings in­creased by 1,019,216 shares. The share price of He­mas Hold­ings closed flat at Rs 130.00. The share price of John Keells Hold­ings de­clined by Rs 3.30 (2.09%) to close at Rs 154.80.

Fur­ther­more, Cey­lon To­bacco Com­pany an­nounced its in­terim div­i­dend of Rs 17.50 per share.

Newspapers in English

Newspapers from Sri Lanka

© PressReader. All rights reserved.