Colombo shares closed marginally lower on Tuesday with investors cashing in on their gains during the past few days, analysts said.
The All Share Price Index closed ended at 5,590.90 points on a marginal drop of 0.02% (1.13 points), while the more liquid, Milanka Price Index was down by 0.55% (29.12 points) to end the day at 5,219.72 points. The S&P SL 20 Index rose by 0.49% (14.73 points) to end at 3,041.23 points.
Market turnover was at Rs 1.9 billion over a volume of 140.15 million shares. The top turnover generators for the day were HVA Foods PLC, Serendib Hotels PLC, Citrus Leisure PLC, Commercial Bank non voting , and Pan Asia Bank. These counters accounted for 32% of the total market turnover. Foreign participation of total market turnover was 10.57% and net foreign buying was Rs. 247.7 million.