Fri, 29 Mar 2024 Today's Paper

Bourse ends in red

5 October 2011 01:18 pm - 0     - {{hitsCtrl.values.hits}}

A A A

Colombo stocks ended in red today with both indices recording losses.  ASI dropped 15.06 points (-0.22%) to close at 6,706.48 while sensitive MPI closed at 5,966.51,  dip of 16.44 points (-0.27%).Market turnover stood at Rs.1.3bn 

Retail investor favorite E-Channelling Plc made the highest contribution of Rs.309.1mn to the market turnover and was traded heavily during the day. E-Channelling was the top gainer of the day and it reached the high of Rs.10.30 and closed at Rs.9.90, up Rs.1.20 (+13.8%). Radiant Gems Plc (Rs.69.8mn) and Hydro Power Free Lanka Plc (Rs.62.0mn) lagged behind in terms of turnover but were next in line to E-Channelling and traded heavily. Further, Ceylon & Foreign Trades Plc was among the mostly traded stocks and closed at Rs.11.40, the maximum price the counter could reach within the 10% price band.
 
Lanka Milk Foods recorded an off-the-floor deal of 245,000 shares at a price of Rs.130.00. At the end of the day the stock closed at Rs.132.00, up Rs.4.50.
 
Low investor interest pushed the share prices of blue-chips further down. Premier blue-chip John Keells Holdings closed at Rs.200.00, a dip of Rs.2.80, Commercial Bank closed at Rs.111.50, down by Rs.1.30 and Colombo Dockyard closed at Rs.256.00, drop of Rs.3.20. Moreover profit realization was seen in speculative counters such as Laxapana Batteries Plc, Regnis Lanka Plc and Radiant Gems Plc.
 
Foreign participation was low at 8.5%. At the end of trading foreign investors were net sellers with a net foreign outflow of Rs.88.0mn.

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

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

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.

Reply To:

Name - Reply Comment





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

VAT increase: SOUNDs death knell for publishers, readers

Though the Government imposed VAT (Value Added Tax) on vegetables and other e

How female change-makers are driving Sri Lanka’s energy saving platform

Saving energy has become more of a responsibility than a habit in today’s c

A dull Ramadan awaits Muslims amidst the Soaring Cost of Living

In the coming days, Muslims across the world will welcome the Holy Month of R

New wildlife underpass to curtail HEC

As of February 2024, Sri Lanka lost another 38 elephants as a result of the H