Indices gain marginally
BOURSE: The market turnover slightly improved yesterday mainly due to
the trading of 1.3 million Sri Lanka Telecom shares.
The All Share Price Index gained by a marginal 5.16 points to close
at 2,716.93 points and the newly reshuffled Milanka Price Index closed
at 3,697.62 points moving up by 6.91 points. The turnover was Rs. 276
Analysts said that they did not expect the activity levels to improve
due to the holiday season and most investors would be keen in profit
Although SLT was heavily traded the share remained flat and the other
telecom sector company Dialog too closed flat at Rs. 27. Analysts said
however that investor interest in blue chips and foreign participation
has been at a moderate level.
John Keells Holdings share price increased by Rs. 1.50 to close at Rs.
195 and 167,000 shares changed hands yesterday. Over 1 million Tokyo
Cement (non voting) shares also traded.