3 December 2010 11:16 am Views - 4605
The All Share Price Index gained a tad to close the day at 6,547.7 points (+0.1%), whilst the Milanka Price Index dipped marginally to close at 7,055.5 points (-0.0%).
The total turnover was LKR1,046.8 mn (USD9,406 k) vs. 12-month average daily turnover of LKR2,357.9 mn (USD21,188 k) whilst the volume traded for the day was 101,487 k against the 12-month average daily volume of 72,197 k.
Top traded counters were
The Colombo bourse made a marginal recovery during the day where the broader market ended in the green, though the more liquid MPI made a marginal dip. Heavy weight John Keells Holdings continued to attract investor attention where it contributed for circa 20% of the day’s turnover on the back of institutional interest. Renewed interest was seen in Grain Elevators and Three Acre Farms on the back of strong expectations for impressive profits due to increased consumption with Christmas coming around the corner. Tokyo Cement (Non-voting) also traded strong during the day on the back of institutional and high net worth interest, whilst Touchwood shed some ground during the day.
The day saw a net inflow of foreign funds, where Foreign purchases amounted to LKR200.5 mn (USD1,802 k), whilst foreign sales amounted to LKR126.6 mn (USD1,138 k).
Market capitalization is at LKR2,169.4 bn.YTD performance is up 93.4%.
A Report from-TKS Securities (Pvt) Ltd