SAMP Drives Day’s Activity 13th Dec 2010

The All Share Price Index gained marginally to close at 6,436.8 points (+0.1%), whilst the Milanka Price Index also gained marginally to close at 6,895.6 points (+0.2%).


The total turnover was LKR7,939.4 mn (USD71,526.1 k)  vs. 12-month average daily turnover of LKR2,394.5 mn (USD21,572.1 k) whilst the volume traded for the day was 107,497 k against the 12-month average daily volume of 74,760.0k.

Top traded counters were

Market edged up marginally to open the week after continuous erosion. Sampath Bank was the prime driver of the day’s turnover where it contributed for circa 86.9% of daily turnover on the back of institutional interest. Counter witnessed a stake of near 15% changing hands during the day. Heavy weight John Keells Holding and Tokyo Cement (Non Voting) saw institutional and high net worth participation whilst institutions were seen active in Hatton National Bank. Further Laugfs Gas (Voting) shed some ground during the day on the back of selling presure.

A net outflow of foreign funds were seen during the day, where foreign purchases amounted to LKR52.0 mn (USD46.8 k), whilst foreign sales amounted to LKR335.4 mn (USD3,021.6 k).

Market capitalization is at LKR2,143.9 bn. YTD market performance is up 90.1%.

TKS SECURITIES (Pvt) Ltd