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| Tuesday, 21 December 2004 |
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Upward trend continues at bourse The upward trend continued yesterday with the All Share Price Index (ASPI) and the Milanka Price Index (MPI) moving up by 4.09 points and 8.51 points. The ASPI closed at 1,538.12 points while the MPI closed at 2,219.25 points. On Friday the ASPI recorded a growth of 9.68 points while the MPI recorded a growth of 20.38 points. A total turnover of Rs 286.1 million was recorded yesterday as against Rs.125.4 million recorded on Friday. 1,288 trades were concluded with a share volume of 7.1 million shares being traded. The Beverage Food and Tobacco and Plantations sectors were the main gainers while Land and Property and Investment Trust were the main losers. The Diversified and Beverage Food and Tobacco sectors accounted for 51.5 % and 34 % of the total turnover. Foreign investors were net sellers in the market with purchases of Rs 15.1 million and sales of Rs 44.7million. At the end of trading the total Market Capitalisation of the CSE stood at Rs 376.4 billion and the Price Earnings Ratio stood at 10.5 times. Ceylinco Housing, Colombo Fort Investment, Namunukula Plantations, Watawala Plantations and Maskeliya Plantations were among the top gainers while Walker and Greig, ACL Plastics, Radient Gems and Sunshine Travels were among the top losers. |
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