Retailers dominate bourse

26 September 2011 12:33 pm - 0 - {{hitsCtrl.values.hits}}

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The bourse reopened on a flat note today. The benchmark ASI and MPI gained 1.42 points (0.02%) and 1.88 points (0.03%) to close at 6,736.02and 6,025.81 respectively. The turnover stood at Rs.1.4bn.

Retailers continued to dominate the market activity. Tess Agro and HVA Foods were the investor favorites and contributed Rs.169.5mn and Rs.126.8mn to the turnover. Further illiquid, Regnis and Radiant Gems made notable contribution of Rs.86.3mn and Rs.79.6mn and attracted heavy retail interest.

Meanwhile active level of trading was witnessed in Lanka H0ospitals, Muller and Pipps and East West Properties.

There was no crossing during the day.

Foreign participation was lower at 5.2% of the total market activity. At the end of the day foreign investors were the net sellers with a net foreign outflow of Rs. 43.9mn.

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Retailers dominate bourse

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