Daily Mirror - Print Edition

Stock Market Update... 19th August 2011

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

The All Share Price Index dipped 79.2 points to close at 6,951.6 (-1.1%), whilst the more liquid  Milanka Price Index also dipped 75.7 to close at 6,334.4 (-1.2%).

The total turnover was LKR3,182.3 mn (USD28,959.4k) vs.12-month average daily turnover of LKR2599.7 mn (USD23,657.3k) whilst the volume traded for the day was 138,681.9k  against the 12-month average daily volume of 107,631.1k.

Top traded counters were PC House LKR704.7 mn (USD6,412.7k, +1.0%), Colombo Land & Development LKR458.9 mn (USD4,176.4k, +1.1%), HVA Foods  LKR353.4 mn (USD3,216.1k, +0.8%), Diesel & Motor Engineering  LKR119.6 mn (USD1,087.9k, +0.8%) and East West Properties LKR117.4 mn (USD1,068.3k, +5.0%).

Colombo bourse closed in red amid healthy turnover levels. PC House, with a circa 21% contribution for the daily turnover, emerged as the top traded counter while continuing to witness all round investor participation. Colombo Land & Development and HVA Foods saw continued all round investor interest whilst Diesel Motor Engineering enticed institutional investor interest.  Further mixed investor interest was evident in East West Properties during the day.

Net outflow of foreign funds were seen during the day, where foreign purchases amounted to LKR92.6 mn (USD843.1k), whilst foreign sales amounted to LKR311.4 mn (USD2,833.6k).


TKS Securities (Pvt) Ltd