Full Stock Market

The ASPI closed in red as a result of price losses in counters such as Lion Brewery, Commercial Bank and John Keells Holdings with the turnover crossing Rs 1.0 Bn. A similar behaviour was witnessed in the S&P SL20. Crossings were witnessed in The Kingsbury, Ceylon Tobacco Company and Sampath Bank, accounting for 76.9% of the turnover.

Mixed interest was observed in Access Engineering whilst retail interest was noted in Asia Siyaka Commodities. Foreign participation in the market activity remained at subdued levels with foreigners closing as netsellers.

Hotels and Travels sector was the top contributor to the market turnover (due to The Kingsbury) whilst the sector index lost 0.35%. The share price of The Kingsbury closed flat at Rs 14.20.

Banks, Finance and Insurance sector was the second highest contributor to the market turnover (due to Sampath Bank, and voting and nonvoting shares of Commercial Bank) whilst the sector index decreased by 0.83%. The share price of Sampath Bank lost Rs 3.40 (1.46%) closing at Rs 230.10. The share price of Commercial Bank recorded a loss of Rs 1.40 (1.30%) closing at Rs 106.70. The share price of Commercial Bank nonvoting declined by Rs 1.50 (1.64%) closing at Rs 90.10.

Ceylon Tobacco Company was also included amongst the top turnover contributors. The share price of Ceylon Tobacco Company closed flat at Rs 1,420.00.

Amaya Leisure announced its interim dividend of Rs 2.50 whilst People’s Insurance announced its final dividends of Rs 1.10. Furthermore, Nestle Lanka announced both its interim and final dividend of Rs. 25.00 per share each.