The Colombo benchmark All Share Price Index closed 9.82 points lower at 7,192.29 down 0.14 per cent. The S&P SL20 closed 5.15 points lower at 4,058.98 down 0.13 per cent.
Turnover was 1.68 billion rupees up from 1.11 billion rupees on Tuesday, with 74 stocks closing positive against 114 negative.
The market was driven down by Commercial Leasing and Finance which closed at 4.20 rupees, down 0.30 rupees and Dialog Axiata which closed at 11.30 rupees, down 0.20 rupees.
In the banking sector DFCC closed at 220.70 rupees, up 0.70 rupee and Hatton National Bank closed at 235.00 rupees, up 3.00 rupees. NDB closed at 270.00 rupees, down 1.30 rupees
Commercial Bank closed at 170.40 rupees, down 1.60 rupees with a two separate crossings amounting to 569,000 shares at 171.00 rupees.
Index heavy John Keells Holdings closed at 206.60 rupees, up 0.60 rupees. Sri Lanka Telecom closed 70 cents higher at 47.50 rupees.
Crossings were also recorded at Dunamis Capital (6.14 million shares at 33.00 rupees), Sampath Bank (100,000 shares at 264.00 rupees) and Union Bank (2 million shares at 25.50 rupees).