Market ended in red today with both indices recording losses. Benchmark ASI lost 20.78 index points (-0.38%) to close at 5,392.34 while sensitive MPI lost 19.43 points (-0.4%) to end at 4,877.73.
Market turnover improved to LKR 202.8mn
Swarnamahal Financial Services was the highest contributor to the daily market turnover and was the heavily traded stock for the day. Further Ceylon Hotel Corporations (LKR 13.9mn) and Coco Lanka (LKR 10.6mn) made notable contributions to the turnover. No crossings were recorded during the day.
Environmental Resources, Piramal Glass and HVA Foods were among the mostly traded stocks for the day.
Foreign participation calculated at 15.1% of the total market activity and at the end of the day foreign investors were the net sellers with a net foreign outflow of LKR 2.8mn.
Price depreciations in index heavy counters such as Carsons Cumberbatch (by LKR 20.00), Hatton National Bank (by LKR 8.40) and Aitken Spence (by LKR 1.90) contributed negatively to the market performances.
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