Bourse ends with hope

bourse ended in green yesterday, giving a ray of optimism to investors. ASI increased by 36.11 points (+0.65%) to end at 5,592.40 where as sensitive MPI jumped by 21.53 points (+0.45%) to end at 4,758.46.

Market turnover was recorded at Rs2.3 billion.

John Keells Holdings Plc (Rs1.5 billion) made the strongest contribution to the daily turnover.

JKH recorded eight off-the-floor deals of 7.9 million shares at a price of Rs167 and one off the floor deal of 0.3mn shares at a price of Rs160. These crossings were considered to be foreign purchases.The counter closed at Rs163, up Rs3.40 (+2.13%).

Meanwhile Blue Diamonds voting and nonvoting, Nation Lanka Finance Plc and Alufab Plc traded heavily during the day.

Lanka Securities Research