Tuesday, 9 March 2004 |
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Cautious approach in trading The All Share Price Index at the Colombo Bourse yesterday dipped to 1,218.67 points from 1,237.32 on Friday. The Milanka Price Index dropped to 1,977.19 points from 2,019.76 points on Friday. However the turnover grew to Rs 145,833,208, a healthy improvement in market fundamentals. Market sources said that investors are closely watching the crisis in the North-East and continuing to adopt a cautious approach in their trading. Colombo Land, SLT, JKH, LOLC and Merchant Bank were the highest contributors yesterday. Domestic purchases stood at Rs. 1393 million and foreign purchases Rs . 82 million. The day's top five gainers were Commercial Dev, W.M. Mendis, Aitken Spence, Balangoda and Good Hope. Talawakelle Plantations announced a 7.5 % first and final dividend. |
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