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Tuesday, 18 January 2011

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Market closes low

The Colombo bourse closed low yesterday as both indices continued to descend. The Colombo Stock Exchange (CSE) All Share Price Index (ASPI) closed at 7,008.06 points moving down by 24.54 points, while Milanka Price Index (MPI) closed at 7,240.04 points down by 61.05 points. The daily turnover was over Rs 3.1 billion.

The Singer Finance commenced its tradings today on Main Board of the CSE. The share price rose by 228 percent on the first day of its trading.

Retailers and high net worth rolled the bourse yesterday.

The top gainers were Singer Finance(29.8%), First Capital. Holdings(4.3%), Hayleys(4.1%), Laugfs Gas(2.6%) and Panasian Power(2.4%).

C de S

 

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