Sri Lanka, March 12 -- The ASPI closed in red as a result of price losses in counters such as Hatton National Bank, Senkadagala Finance and LOLC Holdings with the turnover crossing Rs. 2.4 bn.

A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hatton National Bank, Galle Face Capital Partners and Pan Asia Banking Corporation.

Mixed interest was observed in R I L Property, Access Engineering and Nations Trust Bank whilst retail interest was noted in SMB Leasing, Nation Lanka Finance and LOLC Finance. Foreign participation in the market activity remained at subdued levels with foreigners closing as net sellers.

The Banking sector was the top contributor to the market...