Lackluster market

1 November 2011 12:36 pm - 0 - {{hitsCtrl.values.hits}}

A A A

The Colombo Stock market experienced yet another lackluster day with weak investor sentiment. Furthermore ASI witnessed a cruising towards the major support level at 6,250.

ASI dipped by 37.4 points (-0.59%) to end at 6,281.85 while liquid MPI decreased by 27.13 points (-0.48%) to settle at 5,604.15. The market turnover stood at Rs.1.3bn.

Hayleys Plc (Rs.836.7mn) emerged as the top contributor to the daily turnover. In addition John Keells Holdings Plc (Rs.50.5mn) and Sampath Bank Plc (Rs.21.9mn) made noteworthy contributions to the daily turnover.

In the mean time retail counters such as Central Investment & Finance Plc, HVA foods Plc and Free Lanka Capital Holdings Plc witnessed heavy trading during the day.

Today was the renunciation date of People’s Merchant Bank rights. Aggressive levels of trading were witnessed during the day. Rights closed at Rs.1.20 (+Rs.0.40).

Foreign participation stood at 3.1% of the total market activity. At the end of the day foreign investors were the net buyers with a net foreign outflow of Rs.40.5mn

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.

Lackluster 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

Sri Lanka face unusual dilemma

Controversy over foreigners issuing on-arrival visas at BIA

Government defends outsourcing of visa process

“Ranil Ralla” : Will Wickremesinghe ride on a winning wave?

VFS Global is here to stay for at least 12 years, says Tiran

Kumar Sangakkara’s relative’s house, gutted by fire in Kandy

MIRROR CRICKET

Plans approved for £61.8m redevelopment of Lord’s

Sri Lanka great tips Sanju Samson to thrive at T20 World Cup

India’s Amul to sponsor Sri Lanka team for T20 World Cup

Shakib threatens to beat up fan over clicking selfie

TODAY'S HEADLINES

STF officers honoured for rescuing children held hostage by their father

Court imposes travel ban on Diana Gamage

EC announces plan for presidential election A move to preempt hush-hush project on snap general election before

COPF calls for immediate probe

Former SL netball captain fails doping test

Plans approved for £61.8m redevelopment of Lord’s

Sri Lanka announces squad for T20 World Cup 2024

Luis Rubiales to stand trial over World Cup kiss