NDB Daily Market Update 29 May 2015

Indices closed in red as a result of price losses in counters such as Ceylon Tobacco Company, John Keells Holdings and Lion Brewery whilst turnover crossed Rs 1.2 Bn. High net worth and institutional investor participation was witnessed in Commercial
Bank, National Development Bank and Hatton National Bank whilst mixed interest was observed in John Keells Holdings, Seylan Bank nonvoting and Sanasa Development Bank. Retail interest was noted in United Motors Lanka, Alufab. Foreigners remained active closing as net sellers mainly due to foreign selling
in Commercial Bank, John Keells Holdings and National Development Bank. During the week, The ASPI and S&P SL20 lost 0.94% and 1.63% respectively.

Banks, Finance and Insurance sector was the top contributor to the market turnover (due to Commercial Bank, National Development Bank, Hatton National Bank and Sanasa Development Bank) whilst the sector index gained 0.04%. The share price of Commercial Bank decreased by Rs 0.20 (0.12%) closing at Rs 164.00 whilst foreign
holdings decreased by 754,318 shares. The share price of National Development Bank edged down by Rs 0.10 (0.04%) closing at Rs 275.00 whilst foreign holdings decreased by 140,004 shares. The share price of Hatton National Bank recorded a loss of Rs 0.30 (0.13%) to close at Rs 228.60. Meanwhile, the share price of Sanasa
Development Bank appreciated by Rs 2.00 (1.33%) to close at Rs 152.00.

Diversified sector was the second highest contributor to the market turnover (due to John Keells Holdings) whilst the sector index decreased by 0.95%. The share price of John Keells Holdings lost Rs 5.00 (2.50%) closing at Rs 195.00 whilst foreign holdings decreased by 418,430 shares.