|Friday, 13 August 2004|
Profit taking, soft buying at Bourse
The Bourse witnessed a correction again yesterday due to profit taking with soft buying. The market warranted a correction since it went above the share value during the last few days.
The All Share Price Index dipped to 1,440.27 points from 1,443.31 points on Wednesday.
The Milanka Price Index closed at 2,136.96 points from 2,144.44 the previous day. The turnover for the day was Rs 190,515,807.
C.T. Land, Colombo Land, Blue Diamonds and HDFC were heavily traded stocks.
Sampath Bank announced a 15 percent interim dividend. Stock brokers said that the market would react positively towards the developments on the peace front and volatility would disappear in the coming few days.
Produced by Lake House