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Bourse Ended In the Red - 06th Dec 2010

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6 December 2010 11:26 am - 0     - {{hitsCtrl.values.hits}}

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The All Share Price Index dipped 41.4 points to close at 6,506.3 points (-0.6%), whilst the Milanka Price Index also dipped 79.2 points to close at 6,976.2 points (-1.1%).

The total turnover was LKR1,181.7 mn (USD10,612.0 k)  vs. 12-month average daily turnover of LKR2,355.2 mn (USD21,150.3 k) whilst the volume traded for the day was 97,105.1 k against the 12-month average daily volume of 72,470k.

 

The market opened the week on a negative note. Piramal Glass emerged as the top trader for the day on the back of retail interest where the counter saw over 23.0 mn shares changing hands during the day. Institutional activity was seen in Brown & company and HDFC Bank whilst institutional and retail play was evident in Ceylon Grain Elevators. Further Three Acre Farms enticed high net worth and retail participation during the day.
 

A net outflow of foreign funds were seen during the day, where foreign purchases amounted to LKR61.6 mn (USD553.62 k), whilst foreign sales amounted to LKR114.9 mn (USD1,031.8 k).
 

 Market capitalization is at LKR2,155.7 bn. YTD market performance is up 92.2%.


A Report from TKS Securities Pvt Ltd


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