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Wednesday, 14 March 2012

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Market ends in red

Colombo stocks ended in red today with both benchmark indices recording marginal losses. ASI lost 1.20 index points (-0.02%) to end at 5,423.26 while sensitive MPI lost 5.94 points (-0.12%) to end at 4,803.51.Daily market turnover was Rs. 522.4 million. John Keells Holdings continued to top the turnover list yesterday with an amount of Rs 267.8 million followed by Royal Ceramics (Rs 18.4) and Central Finance (Rs14.4millionn). Further John Keells Holdings was the heavily traded stock during the day.

Meanwhile stocks such as Capital Alliance Finance, Environmental Resources and Orient Garments were among the mostly traded stocks.

Foreign participation accounted for 22.1% of the total market activity. At the end of the day foreign investors were net buyers with a net foreign inflow of Rs 164.5million.

Lanka Securities Research

 

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