Market ended in opposite direction today
where benchmark indices closed with mix results. Benchmark ASI gained
17.95 index points to closed at 5,416.65 (+0.33%) while sensitive MPI
ended at 4,886.17, a marginal drop of 2.78 index points (-0.06%).
Daily market turnover stood at LKR 1.5bn.
Commercial
bank recorded the highest turnover of LKR 890.2mn, with 8.6mn shares
traded as off-the-floor deals at a price of LKR 100.00 per share.
Commercial bank’s turnover accounted for 58% of the total market
turnover. COMB closed at LKR 100.00, up LKR 0.70. Further, John Keells
Holdings (LKR 136.7mn) and Swarnamahal Financial Services (LKR 89.6mn)
made notable contributions to the market turnover. John Keells Holdings
recorded a crossing of 397,000 shares at LKR 210.00.
Meanwhile,
retail investor favorite Swarnamahal Financial Services, Softlogic
Capital and Environmental Resources were the heavily traded stocks
during the day.
Foreign
participation accounted for 20.9% of the total market activity. At the
end of the day foreign investors ended as net buyers with a net foreign
inflow of LKR 374.0mn.
In the meantime blue chip stocks such as Ceylon Tobacco and Chevron Lubricants today reached 52Week high of LKR 600.00 (up LKR 60.00) and LKR 185.00 (up LKR 1.70) respectively. All the Motor sector counters today also witnessed price depreciations. Motor sector index dropped by 5.7% compared to the previous day
No comments:
Post a Comment