About Us

We are a team of professionals with over 20 years of experience and expertise in the equity market of Sri Lanka

Get The Latest News

Sign up to receive latest news

19 August 2009

Market Highlights - 18th August 2009



• The All Share Price Index gained by 30.2 points to close at 2,530.7 points (+1.2%) whilst the Milanka Price Index also gained by 23.2 points to close at 2,844.5 points (+0.8%)

• The total turnover was LKR418.4 mn (USD3,643 k) vs. 12-months average daily turnover of LKR351 mn (USD3,056 k) whilst the volume traded was 14,885 k against the 12-months average daily volume of 12,013 k

• Top traded counters were Commercial Bank LKR70.7 mn (USD615 k, +1.0%), Environmental Resources LKR54.9 mn (USD478 k, -6.9%), John Keells Holdings LKR44.6 mn (USD388 k, +1.3%), Cargills LKR21.6 mn (USD188 k, -1.6%) and Sigiriya Village LKR18.1 mn (USD158 k, +8.4%)

• The market rebounded today with strong buying on selected counters. Institutional and high net worth buying continued in Commercial Bank and John Keells Holdings. Pursuant to a recent rights issue a near 104mn ordinary shares of Environmental Resources were listed today and the counter traded around 1.6 mn shares.

Further, strong retail buying was seen in hotel sector stocks whilst foreign interest was witnessed in Cargills.

• Foreign purchases amounted to LKR67.3 mn (USD585 k) whilst foreign sales amounted to LKR75.4 mn (USD656 k).

1 comments:

Anonymous said...

Are you going to accept "Sampath" research you have published is full of rubbish?

LBO-Lanka Business Online