Thu, 18 Apr 2024
05:36:09
LB~Bourse 21|12|2011:
The postponement of SEC's decision on relaxing credit rules resulted in retail counters losing ground while some fundamentally strong counters such as John Keells Holdings (JKH) showed marginal improvement. Turnover remained low with the holidays approaching with Milanka Price Index (MPI) remaining flat and All Share Price Index (ASPI) closing marginally lower.
Colombo's All Share Price Index (ASPI) closed at 5,842.83 points dipped 0.16% and the Milanka Price Index (MPI) closed at 5,088.25 points without any movement compared to the previous day. A total of 13.8 million shares changed hands recording a turnover of Rs.375.9 million (down 1.61%). Foreign purchases rose 99.68% to Rs.112.95 million and foreign sales dipped 71.92% to Rs.26.9 million.
Banks, Finance and Insurance sector was the top contributor to the market turnover due to Swarnamahal Financial Services (SFS) and Commercial Bank (COMB) and the sector index slid by 0.39%.
The share price of SFS decreased by Rs. 4.20 (4.37%) to close at Rs. 90.00. Diversified sector also contributed significantly to the market turnover due to John Keells Holdings (JKH) and the sector index rose by 0.32%. The share price of JKH increased by Rs. 2.70 (1.61%) to close at Rs. 170.20 Foreign holdings of JKH increased by 499,001 shares.
Motors sector was also among the highest contributors to the market turnover due to United Motors (UML) and the sector index shed 0.53%. The share price of United Motors slid by Rs.3.00 (2.10%) to close at Rs 141.00. Considerable activity was seen in Tokyo Cement non-voting (TKYO.X) while it was among the top contributors to turnover. The share price of Tokyo Cement non-voting gained Rs. 0.10 (0.33%) to close at Rs. 30.00.
21 Dec 2011
15:01:10
Markets flat as foreign buying improves
The postponement of SEC's decision on relaxing credit rules resulted in retail counters losing ground while some fundamentally strong counters such as John Keells Holdings (JKH) showed marginal improvement. Turnover remained low with the holidays approaching with Milanka Price Index (MPI) remaining flat and All Share Price Index (ASPI) closing marginally lower.
Colombo's All Share Price Index (ASPI) closed at 5,842.83 points dipped 0.16% and the Milanka Price Index (MPI) closed at 5,088.25 points without any movement compared to the previous day. A total of 13.8 million shares changed hands recording a turnover of Rs.375.9 million (down 1.61%). Foreign purchases rose 99.68% to Rs.112.95 million and foreign sales dipped 71.92% to Rs.26.9 million.
Banks, Finance and Insurance sector was the top contributor to the market turnover due to Swarnamahal Financial Services (SFS) and Commercial Bank (COMB) and the sector index slid by 0.39%.
The share price of SFS decreased by Rs. 4.20 (4.37%) to close at Rs. 90.00. Diversified sector also contributed significantly to the market turnover due to John Keells Holdings (JKH) and the sector index rose by 0.32%. The share price of JKH increased by Rs. 2.70 (1.61%) to close at Rs. 170.20 Foreign holdings of JKH increased by 499,001 shares.
Motors sector was also among the highest contributors to the market turnover due to United Motors (UML) and the sector index shed 0.53%. The share price of United Motors slid by Rs.3.00 (2.10%) to close at Rs 141.00. Considerable activity was seen in Tokyo Cement non-voting (TKYO.X) while it was among the top contributors to turnover. The share price of Tokyo Cement non-voting gained Rs. 0.10 (0.33%) to close at Rs. 30.00.
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