Stock Market Update... 28th March 2011

28 March 2011 01:02 pm - 0 - {{hitsCtrl.values.hits}}

A A A

The All Share Price Index dipped 30.2 points to close at 7,210.1 points (-0.4%), whilst the Milanka Price Index closed flat at 6,838.4 points (0.0%).

The total turnover was LKR1,608.6 mn (USD14,562.7 k) vs. 12-month average daily turnover of LKR2,800.0 mn (USD25,348.5 k) whilst the volume traded for the day was 49,510.7 k against the 12-month average daily volume of 93,674.8 k.

Top traded counters were Colombo Pharmacy LKR300.3 mn (USD2,718.6 k, -2.6%), Commercial Bank LKR146.2 mn (USD1,323.6 k , +1.3%), Sampath Bank LKR88.8 mn (USD803.9 k, +1.0%), Central Finance LKR87.1 mn (USD788.5 k, +7.4%) and Brown & Company LKR57.8 mn (USD523.3 k, +1.8%)

Broader market opened the week on a negative note whilst the more liquid Milanka Price Index closed flat. Colombo Pharmacy emerged as the top trader for the day on the back of institutional and high net worth interest and the counter also contributed for circa 19% of day’s turnover. Banking sector counters such as Commercial Bank and Sampath Bank saw institutional interest during the day whilst all round interest was evident in Brown & Company. Further Institutional and High net worth interest was seen in Central Finance.

A net outflow of foreign funds were seen during the day, where foreign purchases amounted to LKR147.6 mn (USD1,336.2 k), whilst foreign sales amounted to LKR226.2 mn (USD2,047.8 k).

TKS Securities (Pvt) Ltd

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

Comments - 0

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Stock Market Update... 28th March 2011

Comments - 0

Add comment

RECOMMENDED

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Western purple-faced langurs see blue!

Most Viewed in News

A US “Kaputa”, a Lankan “Nariya” and a Presidential “Feast”

Street food vendor arrested for verbally harassing foreigner

SL on alert on possible genocide allegations by Canada

Belgian traveller scammed in Kalutara

Confusion remains if April 15 is a bank holiday

New Visa procedure implemented

MIRROR CRICKET

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings

Chamodi, Dewmi spins Sri Lanka U19 Women to big win

TODAY'S HEADLINES

Wild elephants pull down 16 telephone poles

Middleman arrested for price gouging at Kalutara eatery

Bondholders’ agreement delay won’t hinder IMF third tranche payout: Dr. Coomaraswamy

Party leaders to shoot down MPs request for concessionary duty free vehicle permits

Hardik fined Rs 12 lakh for violating IPL code of conduct after win over Punjab Kings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings