Market dips second straight day

13 September 2011 12:04 pm - 0     - {{hitsCtrl.values.hits}}

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 The Sri Lankan stock market dropped for the second straight day today owing to broad selloff. ASI closed at 6,930.04, down 37.58 points (-0.54%) while sensitive MPI closed at 6,270.41, down marginally by 0.63 points (-0.01%). The market turnover was recorded Rs.3.1bn.

Lanka Milk Foods Plc (LMF) recorded the top turnover at Rs.590.4mn with heavy trading. LMF recorded elevens crossings of 5.5mn shares at a price of Rs.105.00 and Rs.107.00. LMF closed at Rs.110.00, down Rs.0.20 (-0.18%). Furthermore counters such as Muller & Phipps Plc and Tess Agro Plc recorded notable level of turnover at Rs.276.6mn and Rs.170.8mn respectively.
 
In the meantime retail counters such as Free Lanka capital Holdings Plc, Blue Diamonds Plc and Tess Agro Plc depicted active trading level.
 
Foreign participation was 8.7% 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.339.9mn.
See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

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

 

 

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