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| Tuesday, 5 October 2004 |
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Foreign investors net buyers Price Indices moved towards opposite directions yesterday with the All Share Price Index (ASPI) which started at 1,449.4 points moving up by 1.8 points to close at 1,451.2 points while the Milanka Price Index (MPI) which opened at 2,148.4 points moved down by 4.4 points at 2,144.0. A total turnover of Rs. 153.5 million was recorded as against Rs 143.1 million on Friday. A total of 2,745 trades were executed with a share volume of 6.0 million shares being traded. Foreign investors continued to be net buyers in the market with net purchases of Rs. 19.5 million (purchases of Rs. 32.3 million and sales of Rs. 12.8 million). Investment Trusts, Footwear and Textiles, Chemicals and Pharmaceuticals and Oil Palms sectors recorded significant growth during the day while Banks Finance and Insurance, Trading and Plantations sectors recorded negative growth. The top gainers include Lankem Developments, Vanik Debentures and Statcon Rubber while Eastern Merchants, Kapila Heavy and Pegasus Hotels were among the top losers. The Banks Finance and Insurance sector accounted for 38% of the total turnover for the day. |
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