Bleak market

19 October 2011 02:24 pm - 0 - {{hitsCtrl.values.hits}}

A A A

Weak sentiments of the Colombo bourse further prevailed today as benchmark ASI further neared its strong support level at 6,250. ASI decreased by 40.8 points (-0.64%) to end at 6,347.72 while liquid MPI dipped by 27.47 points (-0.45%) to settle at 5,704.83. Market turnover was substantially low at Rs.687.1mn, the lowest recorded during the year.
.

Panasian Power Plc emerged as the highest contributor to the turnover with an amount of Rs.119.9mn. A single crossing of 24.5mn shares of Panasian Power was recorded at a price of Rs.4.50 per share. In addition HVA Foods Plc (Rs.35.6mn) and John Keells Holdings Plc (Rs.31.0mn) recorded notable contributions to the daily turnover.

During the day Blue Diamonds Jewellery non-voting, Colombo Land and Development Plc and Asian Alliance Insurance Plc demonstrated active trading.

Foreign participation stood at 13.57% of the total market activity and at the end of the day foreign investors were the net sellers with a net foreign outflow of Rs. 136.7mn.

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 0

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Bleak market

Comments - 0

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

Street food vendor arrested for verbally harassing foreigner

Two racing drivers arrested over Fox Hill tragedy

SL on alert on possible genocide allegations by Canada

Train fails to halt, crashes onto Colombo Fort platform

Ranil Wickremesinghe caravan moves on despite barking dogs

Former MP Palitha Thewarapperuma dies from electrocution

MIRROR CRICKET

Is Chamari Athapaththu Sri Lanka’s greatest cricketer ever?

Athapaththu back atop ICC Women’s ODI Batting Rankings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

TODAY'S HEADLINES

Main man behind Sri Lanka -Malaysia child smuggling syndicate arrested at BIA

Six patients claim Rs.600 million from Keheliya and others for permanent loss of sight

SLPP, UNP initiates action for forming broad alliance

Here is the way!

Sri Lanka secures third spot in South Asian Kurash Championship 2024

Athapaththu back atop ICC Women’s ODI Batting Rankings

Army forms committee to probe Diyatalawa Fox Hill Supercross accident

Indian cricket manager indicted for Legend Cricket League match-fixing allegations