Daily Mirror - Print Edition

Bourse opens the week in red…..17th Jan 2011

17 Jan 2011 - {{hitsCtrl.values.hits}}      

  • The All Share Price Index dipped 24.5 points to close at 7,008.1 points (-0.4%), whilst the Milanka Price Index also dipped 61.1 points to close at 7,240.0 points (-0.8%).

  • The total turnover was LKR3,176.5 mn (USD28,635.2 k)  vs. 12-month average daily turnover of LKR2,482.4 mn (USD22,378.1 k) whilst the volume traded for the day was 156,697 k against the 12-month average daily volume of 85,360 k.

  • Top traded counters were Singer Finance LKR949.4 mn (USD8,558.6 k, +228.0%), First Capital Holdings LKR136.8 mn (USD1,233.2 k , +15.0%), Hayleys LKR130.0 mn (USD1,171.9 k, +0.3%), Laugf Gas LKR83.8 mn (USD755.4 k, -3.7%) and Pan Asian Power LKR77.4 mn (USD697.7 k, 0.0%)

  • Market opened the week on a negative note where both indices lost ground. Singer Finance listed 106.7 mn shares on the main board where the counter saw striking investor interest during the day where it gain +200%. All round investor interest was seen in First Capital Holdings and Laugfs Gas whilst institutional interest was seen in Hayleys. Further retailers were seen active on Pan Asian Power.

  • A net inflow of foreign funds were seen during the day, where foreign purchases amounted to LKR203.4 mn (USD1,833.6 k), whilst foreign sales amounted to LKR143.0 mn (USD1,289.1 k).

  • Market capitalization is at LKR2,339.9 bn. YTD market performance is up 5.6%.


TKS Securities (Pvt) Ltd