Net foreign buying first time in 2012
5 January 2012 11:12 am
Although Colombo bourse continued to be weighted down by notable selling pressure during the trading today, foreigners emerged as net buyers for the first time in the New Year.
Foreign participation stood at 25.7% of the total market activity and at the end of the day foreign investors were the net buyers with a net foreign inflow of Rs.21.8 million, stock market data showed.
ASI decreased by 33.00 points (-0.55%) to close at 5,939.75 where as sensitive MPI dipped by 27.43 points (-0.54%) to end at 5,093.46. Market turnover was registered at Rs.341.6mn.
Premier Blue Chip John Keells Holdings Plc (Rs.76.5mn) made the strongest contribution to the daily turnover followed by Environmental resources Plc (Rs.62.8mn) and Commercial Bank Plc (Rs.45.5mn).
In the meantime Touchwood Investments Plc, Commercial Bank Plc and Nation Lanka finance Plc made active contributions to the daily turnover.