In­dices close in red

Daily Mirror (Sri Lanka) - - MARKET -

The ASPI closed in red due to price losses in coun­ters such as Com­mer­cial Bank, Bukit Darah and Hat­ton Na­tional Bank with turnover cross­ing Rs 654 Mn. A sim­i­lar be­hav­iour was wit­nessed in the S&P SL20. High net worth and in­sti­tu­tional in­vestor par­tic­i­pa­tion was seen in John Keells Hold­ings, Cey­lon To­bacco Com­pany, Hat­ton Na­tional Bank and Com­mer­cial Bank. Mixed in­ter­est was ob­served in Soft­logic Hold­ings and Janashak­thi In­sur­ance Com­pany whilst re­tail in­ter­est was noted in Soft­logic Cap­i­tal. Fur­ther­more, for­eign­ers re­mained ac­tive clos­ing as net buy­ers. To­tal for­eign pur­chases ac­counted for 45.1% of turnover.

Di­ver­si­fied sec­tor was the top con­trib­u­tor to the mar­ket turnover (due to Soft­logic Hold­ings and John Keells Hold­ings) whilst the sec­tor in­dex gained 0.46%. The share price of Soft­logic Hold­ings in­creased by Rs 2.50 (12.50%) to close at Rs 22.50. The share price of John Keells Hold­ings gained Rs 1.50 (0.97%) to close at Rs 156.80.

Banks, Fi­nance and In­sur­ance sec­tor was the se­cond high­est con­trib­u­tor to the mar­ket turnover (due to Janashak­thi In­sur­ance Com­pany, Com­mer­cial Bank and Hat­ton Na­tional Bank) whilst the sec­tor in­dex de­creased by 0.45%. The share price of Janashak­thi In­sur­ance Com­pany moved up by Rs 0.20 (0.67%) to close at Rs 30.10. The share price of Com­mer­cial Bank recorded a loss of Rs 2.40 (1.76%) to close at Rs 134.20. The share price of Hat­ton Na­tional Bank de­clined by Rs 4.00 (1.62%) to close at Rs 243.00.

Fur­ther­more, Lo­tus Hy­dro Power an­nounced an in­terim div­i­dend of Rs 0.35 per share whilst Cey­lon To­bacco Com­pany an­nounced a fi­nal div­i­dend of Rs 11.80 per share.

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