Daily Mirror - Print Edition

CSE update : 22nd Feb 2011

23 Feb 2011 - {{hitsCtrl.values.hits}}      

The All Share Price Index dipped 102.5 points to close at 7,514.7 points (-1.4%), whilst the Milanka Price Index also dipped 78.9 points to close at 7,160.4 points (-1.1%).

The total turnover was LKR2,125.3 mn (USD19,152.9 k)  vs. 12-month average daily turnover of LKR2,692.1 mn (USD24,260.8 k) whilst the volume traded for the day was 48,697 k against the 12-month average daily volume of 91,010 k.

Top traded counters were Aitken Spence LKR198.5 mn (USD1,788.9 k, -0.2%), John Keells Holdings LKR176.9 mn (USD1,594.2 k , -0.9%), Sampath Bank LKR121.1 mn (USD1,091.3 k, -1.2%), Lanka Walltile LKR84.1 mn (USD757.9 k, +0.3%) and Colombo Fort Land & Building LKR84.0 mn (USD757.0 k, -4.8%)

Colombo bourse continued to dip for the second consecutive day despite high institutional activity. Aitken Spence saw institutional interest during the day whilst institutional and high net worth interest was seen in heavyweight John Keells Holdings. Institutional activity was evident in Sampath Bank and Lanka Walltiles with all round investor participation was seen in Colombo Fort Land & Building.

A net outflow of foreign funds were seen during the day, where foreign purchases amounted to LKR145.9 mn (USD1,314.8 k), whilst foreign sales amounted to LKR334.4 mn (USD3,013.6 k).