JKH shares dominate trading

Hiran H. Senewiratne

The Colombo Stock Exchange (CSE) picked up yesterday with 19 crossing in the floor. Out of 19 crossings 13 crossings were reported in John Keells Holdings (JKH) 3.19 million shares with a share value of Rs. 128 were changed hand.

DFCC and Lambretta have recorded several crossings.

Nearly 1.5 million shares of DFCC and 1.5 million shares of Lambretta changed hands, with a share value traded at Rs. 115 and Rs. 10.50 respectively, Bartlett Stockbrokers said.

Like in the previous day there was a lot of bidding attempts for Asha Central shares, its sources said.

During the day’s trading the All Share Price Index went up by 18.91 points and the Milanka Price Index up by 10.60 points.

The number of shares traded in volumes was 18.05 million and the equity turnover was Rs. 795.2 million.

Local investors were in the selling pressure while their was considerable foreign investors activity which was mainly in the buying side amounting to Rs. 446.98 million while foreign sales were 16.5 million.

The most heavily traded stocks were JKH (3.29 million) Asiri Medical services (2.68 million), Lanka Cement (1.82 million), Lambretta (1.56 million) and DFCC (1.55 million).