Srilanka, March 14 -- Indices closed in red as a result of price losses in counters such as Commercial Bank, Hayleys and Hatton National Bank with the turnover crossing Rs. 5.2 Bn. High net worth and institutional investor participation was noted in Melstacorp, Hemas Holdings and Access Engineering. Mixed interest was observed in ACL Cables, Hatton National Bank nonvoting and Commercial Bank whilst retail interest was noted in SMB Leasing, Cargills Bank Rights and Softlogic Finance. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

During the week, the ASPI and the S&P SL20 lost 4.4% and 4.3% respectively, whilst recording an average daily turnover of Rs. 4.80 Bn.

Capital Go...