2 December 2010 11:56 am
The All Share Price Index dipped 21.1 points to close at 6,538.8 points (-0.3%), whilst the Milanka Price Index also dipped 52.1 points to close at 7,058.9 points (-0.7%).
The total turnover was LKR3,373.8 mn (USD30,323.6 k) vs. 12-month average daily turnover of LKR2,355.1 mn (USD21,167.5 k) whilst the volume traded for the day was 351,294 k against the 12-month average daily volume of 71,810 k.
Today’s Top Traded Counters
Market turned red after two days of continues upbeat. Heavy weight John Keells Holdings saw institutional interest where it emerged as the top trader for the day contributing for circa 44.4% of daily turnover. Counter also saw near 4.0 mn shares changing hands. Institutional activity was seen in NDB Bank and Cargils whilst institutional and retail play was evident in Seylan Bank (Non Voting). Further Seylan Merchant Bank enticed retail interest during the day.
A net inflow of foreign funds were seen during the day, where foreign purchases amounted to LKR1,805.8 mn (USD16,230.5 k), whilst foreign sales amounted to LKR280.4 mn (USD2,020.2 k).
Market capitalization is at LKR2,166.5 bn. YTD market performance is up 93.1%.
A Report from TKS Securities