CSE Back to Lively Ways...22nd Dec 2010

The All Share Price Index made an impressive gain of 76.9 points to close at 6,455.8 points (+1.2%), whilst the Milanka Price Index also gained 76.0 points to close at 6,904.9 points (+1.1%).

The total turnover was LKR2,316,6 mn (USD20,821.5 k)  vs. 12-month average daily turnover of LKR2,399.6 mn (USD21,567.3 k) whilst the volume traded for the day was 63,148.4 k against the 12-month average daily volume of 74,460 k.

 Top traded counters were 
                                                                                                              

A bullish trend in the market was seen today, where both the indices made impressive gains. Heavy weight John Keels Holdings saw institutional and high-net worth interest whilst strong investor participation was witnessed in Bairaha farms and Ceylon Grain Elevators during the day. Institutions were active on Tokyo Cement (Non-Voting) whilst Piramal Glass emerged as the best retail pick for the day.
 

 CSE announced the MPI change for the first half of 2011, where Galadari, Hemas Holdings and LB Finance are added to the index while dropping ACL Cables, Colombo Dockyard and LIOC.
 

 Net inflow of foreign funds was seen during the day, where foreign purchases amounted to LKR715.5 mn (USD6,430.9 k), whilst foreign sales amounted to LKR194.7 mn (USD1,749.9 k).

Market capitalization is at LKR2,150.3 bn. YTD market performance is up 90.7%.
 

 TKS Securities (Pvt) Ltd