In­dices edge down

Daily Mirror (Sri Lanka) - - LIFE -

The ASPI edged down as a re­sult of price losses in coun­ters such as Dia­log Ax­i­ata, Sri Lanka Tele­com and Lion Brew­ery with the turnover cross­ing Rs 273 Mn. A sim­i­lar be­hav­iour was wit­nessed in the S&P Sl20.high net worth and in­sti­tu­tional in­vestor par­tic­i­pa­tion was wit­nessed in Renuka Agri Foods, John Keells Hold­ings and Hat­ton Na­tional Bank. Mixed in­ter­est was ob­served in Tokyo Ce­ment Com­pany and Sey­lan Bank non­vot­ing whilst re­tail in­ter­est was noted in Talawakelle Tea Es­tates.fur­ther­more, for­eign­ers re­mained ac­tive clos­ing as net sell­ers mainly due to for­eign sell­ing in Renuka Agri Foods.

Dur­ing the week, both in­dices lost 0.37% whilst record­ing an av­er­age daily turnover of Rs 501 Mn.

Bev­er­age, Food and Tobacco sec­tor was the top con­trib­u­tor to the mar­ket turnover (due to Renuka Agri Foods) whilst the sec­tor index gained 0.25%. The share price of Renuka Agri Foods in­creased by Rs 0.10 (5.00%) clos­ing at Rs 2.10 whilst for­eign hold­ings de­creased by 34,735,222 shares.

Banks, Fi­nance and In­sur­ance sec­tor was the sec­ond high­est con­trib­u­tor to the mar­ket turnover (due to Hat­ton Na­tional Bank and Sey­lan Bank non­vot­ing) whilst the sec­tor index edged down by 0.10%. The share price of Hat­ton Na­tional Bank moved down by Rs 0.70 (0.29%) to close at Rs 241.10. The share price of Sey­lan Bank non­vot­ing de­clined by Rs 0.80 (1.57%) to close at Rs 50.00.

John Keells Hold­ings and Tokyo Ce­ment Com­pany were also in­cluded amongst the top turnover con­trib­u­tors. The share price of John Keells Hold­ings lost Rs 0.20 (0.13%) to close at Rs 156.00. The share price of Tokyo Ce­ment Com­pany recorded a loss of Rs 0.80 (2.12%) to close at Rs 37.00.

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