Market positive
The Colombo bourse ended the day in positive territory with marginal
gains seen in both the main market indices. The broad market , the All
Share Price Index (ASPI) rose by 0.10% (5.84 points) over yesterday's
close to end at 5,751.93 points. The S&P SL 20 Index (S&P) ended the day
at 3,123.97 points, gaining 0.13% (3.93 points) for the day.
Market turnover doubled over yesterday's level to record a value of
LKR 1,273.62 mn, chiefly due to the high value off the market trades in
Asiri Central Hospitals PLC (ASHA) and Commercial Bank of Ceylon PLC
(COMB).
The other high turnover generating counters were John Keells Holdings
PLC (JKH), Lanka Orix Leasing Company PLC (LOLC), and Hatton National
Bank PLC (HNB).
The turnover generated from COMB and ASHA alone accounted for 62% of
the total turnover of the day.
ASHA generated the highest turnover for the day of LKR.562.50 mn on
the back of a high value solitary crossing. A volume of 2.25 mn shares
transacted at a price of LKR 250.00 via the off the market trade. The
counter ended the day at LKR 248.00, rising by 9.73% (LKR 22.00) over
the previous close.
The banking counter, COMB generated a turnover of LKR 254.15 mn over
a volume of 2.43 mn shares. COMB witnessed a volume of 2.19 mn shares
transact through five off the floor trades at an uniform price of LKR
104.50.
The counter ended the day at a price of LKR 105.10, gaining 0.10%
(LKR 0.10) over yesterday's close. Crossing were also seen in JKH, LOLC
and HNB.
SC Research
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