Fri, 19 Apr 2024
10:52:07
LB~Bourse 28|12|2011:
28 Dec 2011
15:59:18
Commercial Bank continues to boost market in Colombo
Dec 28, 2011 (LB) - Turnover was boosted by the interest in Commercial Bank (COMB). Widespread retail interest was witnessed across the board in low price counters and intensified during the later part of the trading. Price appreciation in fundamentally strong stocks such as JKH, Aitken Spence and NDB assisted in keeping the Milanka Price Index (MPI) up.
Colombo All Share price Index (ASPI) closed at 6,093.39 points and Milanka Price index (MPI) closed at 5,272.64 points. A total volume of 27.5 million recording a turnover of Rs.550.45 million. Foreign purchases rose 80.74% to Rs.37.7 million and foreign sales dipped 69.02% to Rs.250.65 million.
Banks, Finance and Insurance sector was the highest contributor to the market turnover (due to Commercial Bank) and the sector index rose by 1.60%. The share price of Commercial Bank (COMB) increased by Rs 0.40 (0.40%) to close at Rs. 100.90. 1,900,100 shares changed hands at a price of Rs. 100.00.
Beverage, Food and Tobacco sector was the second highest contributor to the market turnover (due to Nestle Lanka and HVA Foods) and the sector index decreased by 0.11%.
Nestle Lanka's share price decreased by Rs 9.90 (1.13%) to close at Rs 870.10. The share price of HVA Foods (HVA) increased by Rs 1.20 (3.24%) to close at Rs.38.60
Colombo All Share price Index (ASPI) closed at 6,093.39 points and Milanka Price index (MPI) closed at 5,272.64 points. A total volume of 27.5 million recording a turnover of Rs.550.45 million. Foreign purchases rose 80.74% to Rs.37.7 million and foreign sales dipped 69.02% to Rs.250.65 million.
Banks, Finance and Insurance sector was the highest contributor to the market turnover (due to Commercial Bank) and the sector index rose by 1.60%. The share price of Commercial Bank (COMB) increased by Rs 0.40 (0.40%) to close at Rs. 100.90. 1,900,100 shares changed hands at a price of Rs. 100.00.
Beverage, Food and Tobacco sector was the second highest contributor to the market turnover (due to Nestle Lanka and HVA Foods) and the sector index decreased by 0.11%.
Nestle Lanka's share price decreased by Rs 9.90 (1.13%) to close at Rs 870.10. The share price of HVA Foods (HVA) increased by Rs 1.20 (3.24%) to close at Rs.38.60
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