CSE update : 25th Feb 2011

The All Share Price Index gained 128.2 points to close at 7,711.6 points (+1.7%), whilst the Milanka Price Index dipped marginally to close at 7,169.4 points (-0.1%).
 

The total turnover was LKR3,030.6 mn (USD27,342.4 k) vs.12-month average daily turnover of LKR2,712.3 mn (USD24,459.4 k) whilst the volume traded for the day was 66,861.2 k against the 12-month average daily volume of 91,470.0 k.
 

Top traded counters were Piramal Glass Ceylon LKR183.6 (USD1,665.7 k, +5.8%), Sampath Bank LKR175.8 mn (USD1,585.4 k, +0.7%), Environmental Resources Investment LKR173.2 mn (USD1,561.9 k, +3.0%), Lanka Walltile LKR159.8 mn (USD1,441.1 k, +2.3%) and People’s Leasing Finance LKR141.0 mn (USD1,271.5 k, +12.9%).
 

Colombo Bourse closed the week on a mixed sentiment with increased high net worth participation. Piramal Glass Ceylon emerge as the top trader on the back of strong Institutional and high net worth interest. Sampath Bank continued to gather momentum with institutional investor participation whilst institutional and retail investors were seen active on Environmental Resource Investment and Lanka Walltile. Further, strong renewed interest was evident in People’s Leasing Finance during the day.
 

Marginal net outflow of foreign funds was seen during the day, where foreign purchases amounted to LKR250.8 mn (USD2,261.7 k), whilst foreign sales amounted to LKR259.4 mn (USD2,339.2 k).


Tks Securities (Pvt) Ltd