Bourse Turned Red..30th Dec 2010

 The All Share Price Index dipped 32.8 points to close at 6,614.1 points (-0.5%), whilst the Milanka Price Index also dipped 24.1 points to close at 7,050.6 points (-0.3%).

The total turnover was LKR2,090.9 mn (USD18,838.6 k)  vs. 12-month average daily turnover of LKR2,394.5 mn (USD21,574.0k) whilst the volume traded for the day was 154,900.3 k against the 12-month average daily volume of 74,790 k.

Top traded counters were 
                                                                                                      

Market turned red after five days of continuous upturn. Commercial Bank saw institutional interest during the day where the counter contributed for circa 17% of the days turnover. Institutional and high net-worth participation was seen in Bairaha Farms whilst institutional and retail play was evident in Distilleries and Three Acre Farms. Further Dialog Axiata continued to gather momentum on the back of institutional interest.
 

Net outflow of foreign funds was seen during the day, where foreign purchases amounted to LKR207.5 mn (USD1,869.5 k), whilst foreign sales amounted to LKR279.3 mn (USD2,516.4 k).


Market capitalization is at LKR2,202.9 bn. YTD market performance is up 95.4%.

TKS Securities (Pvt) Ltd