A Day in Red at CSE….09th Feb 2011

9 February 2011 11:09 am

The All Share Price Index dipped marginally to close at 7,377.4 points (-0.1%), whilst the Milanka Price Index gained marginally to close at 7,203.7 points (+0.1%).


The total turnover was LKR4,413.8 mn (USD39,760.4 k) vs.12-month average daily turnover of LKR2,630.3 mn (USD23,694.3 k) whilst the volume traded for the day was 103,890.5 k against the 12-month average daily volume of 90,290.0 k.
 

Top traded counters were

Commercial Bank saw renewed buying interest on the back of institutional participation where the counter contributed for circa 26% of day’s turnover. Further counter also saw near 4.1 mn shares changing hands during the day. High-net worth and retail participation was seen on Ceylon Grain Elevators whilst renewed institutional buying interest was evident in Hemas Holdings. Colombo Fort Land and Building continued to attract high-net worth investors. Further institutional play was evident in Chemanex during the day.

 

Net outflow of foreign funds was seen during the day, where foreign purchases amounted to LKR191.1 mn (USD1,721.5 k), whilst foreign sales amounted to LKR1,270.8 mn (USD11,447.6 k).

TKS Securities (Pvt) Ltd