Daily Mirror - Print Edition

Stock Market Update... 11th August 2011

12 Aug 2011 - {{hitsCtrl.values.hits}}      

  • The All Share Price Index dipped 52.8 points to close at 6,767.1 (-0.8%), whilst the more liquid  Milanka Price Index also dipped 34.2 points to close at 6,109.0 (-0.6%).

  • The total turnover was LKR2,503.1 mn (USD22,805.4k) vs.12-month average daily turnover of LKR2,602.0 mn (USD23,706.0k) whilst the volume traded for the day was 113,814.9k  against the 12-month average daily volume of 105,216.7k.

  • Top traded counters were Seylan Developments LKR638.4 mn (USD5,816.0k, -4.8%), East West Properties LKR230.8 mn (USD2,102.6k, -0.3%), Lanka Hospital Corporation  LKR183.6 mn (USD1,672.5k, +27.3%), Orient Garments LKR118.9 mn (USD1,082.9k, +25.5%) and Laxapana Batteries LKR113.4 mn (USD1,032.9k, +0.7%).

  • Market closed in the red territory amidst healthy turnover levels. Seylan Developments emerged as the top traded counter for the day contributing circa 26% of the daily turnover and saw continued mixed investor interest together with East west Properties and Laxapana Batteries. Further Orient Garments and Lanka Hospital Corporation gained circa 26% on average on the back of renewed all round investor interest.

  • Net outflow of foreign funds were seen during the day, where foreign purchases amounted to LKR141.1 mn (USD1,285.4k), whilst foreign sales amounted to LKR185.6 mn (USD1,690.5k).


Tks Securities (Pvt) Ltd