Full Stock Market

The ASPI closed in red as a result of price losses in counters such as LOLC Holdings, Nestle Lanka and John Keells Holdings with the turnover crossing Rs. 2.3 bn.

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in LOLC Holdings, Hayleys and Expolanka Holdings. Mixed interest was observed in Dipped Products, Royal Ceramics and Alumex, whilst retail interest was noted in Browns Investments and Industrial Asphalts.

Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers. Diversified Financials sector was the top contributor to the market turnover (due to LOLC Holdings), whilst the sector index gained 3.42%. The share price of LOLC Holdings decreased by Rs. 16.25 (3.89%) to close at Rs. 401.75.

Capital Goods sector was the second highest contributor to the market turnover (due to Hayleys and Royal Ceramics), whilst the sector index decreased by 1.50%. The share price of Hayleys lost Rs. 0.90 (1.18%) to close at Rs. 75.20.

The share price of Royal Ceramics declined by Rs. 0.60 (1.66%) to close at Rs. 35.50. Browns Investments and Expolanka Holdings were also included amongst the top turnover contributors.

The share price of Browns Investments moved down by Rs. 0.10 (1.64%) to close at Rs. 6.00. The share price of Expolanka Holdings recorded a loss of Rs. 0.50 (0.99%) to close at Rs. 49.80. Furthermore, R I L Property announced a final dividend of Rs. 0.15 per share.