Indices close on a mixed note

The ASPI closed in red as a result of price losses in counters such as Ceylon Tobacco Company, Dialog Axiata and Melstacorp with the turnover crossing Rs 1.4 Bn.

Meanwhile, the S&P SL20 closed in green. High net worth and institutional investor participation was noted in Sampath Bank, Commercial Bank and Hatton National Bank. Mixed interest was observed in Dialog Axiata, John Keells Holdings and

Teejay Lanka whilst retail interest was noted in Browns Investments. Furthermore, foreigners remained active closing as net sellers. Total foreign sales accounted for 51.8%of the turnover.

The Banking sector was the top contributor to the market turnover (due to Sampath Bank, Commercial Bank and Hatton National Bank) whilst the sector index gained 2.36%. The share price of Sampath Bank increased by Rs 2.20 (1.91%) to close at Rs 117.20. The share price of Commercial Bank gained Rs 4.50 (7.81%) to close at Rs 62.10. The share price of Hatton National Bank moved up by Rs 0.80 (0.83%) to close at Rs 96.90.

Capital Goods sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index increased by 0.26%.

The share price of John Keells Holdings recorded a gain of Rs 1.70 (1.82%) to close at Rs 95.10.

Dialog Axiata was also included amongst the top turnover contributors. The share price of Dialog Axiata declined by Rs 0.50 (5.15%) to close at Rs 9.20.