Indices down though gainers outpace losers
The Colombo bourse closed the week yesterday with both indices down on a turnover of Rs.906.3 million, down from the previous day’s Rs.1.1 billion, with the All Share Price Index losing 10.32 points (0.17%) and S&P SL20 declining 6.59 points (0.19%) with 107 gainers ahead of 91 losers while 125 counters closed flat.
Commercial Bank (non-voting) closing 40 cents up at Rs.96.90 on 0.2 million shares, George Steuart Finance closing 26.60 up at Rs.80 on over 0.2 million shares, Lanka Tiles closing flat at Rs.92 on nearly 0.2 million shares and Central Finance closing Rs.7.40 up at Rs.192.90 on 70,969 shares were among the most trades stocks.
www.island.lk
The Colombo bourse closed the week yesterday with both indices down on a turnover of Rs.906.3 million, down from the previous day’s Rs.1.1 billion, with the All Share Price Index losing 10.32 points (0.17%) and S&P SL20 declining 6.59 points (0.19%) with 107 gainers ahead of 91 losers while 125 counters closed flat.
"Over a third of the day’s turnover came off block trades in Sunshine Holdings where 11 million shares were crossed in two parcels of 550,000 shares each at a price of Rs.30 per share," a broker said. "These trades were worth Rs.330 million."
Apart from these crossings there were floor trades of over 0.9 million Sunshine which closed Rs.1.40 up at Rs.30.50 trading between Rs.29.80 and Rs.32 contributing Rs.28.4 million to turnover. Brokers said that there were large parcels done at the 30-rupe price among these trades.
"There was no word on the buyers and sellers of these shares although quantities held suggest just two possible sellers," a broker said.
Sampath Bank also saw a crossing of 150,000 shares at Rs.195 per share contributing Rs.29.3 million to turnover.
Royal Ceramics contributed the most to the day’s business volumes with slightly over 0.8 million shares done on the floor between Rs.98 and Rs.102 closing 10 cents up at Rs.100 contributing Rs.81.3 million to turnover. There were fairly large parcels among the quantities traded, brokers noted.
Other counters that showed volume included Commercial Bank and Aitken Spence both of which edged down from the previous close. ComBank (voting) closed 30 cents down at Rs.127 on nearly 0.3 million shares done between Rs.127 and Rs.128.50 generating a turnover of Rs.37 million while Spence closed 10 cents down at Rs.96.50 on over 0.3 million shares done between Rs.96.40 and Rs.97.80 contributing Rs.32.2 million.
"Trades in both these counters also saw large parcels," a broker said.
There was retail activity in Nation Lanka Finance and Softlogic Holdings with Nation Lanka closing 20 cent up at Rs.7.80 on over 3.1 million shares and Softlogic closing flat at Rs.11.80 on slightly over 1.5 million shares.
Apart from these crossings there were floor trades of over 0.9 million Sunshine which closed Rs.1.40 up at Rs.30.50 trading between Rs.29.80 and Rs.32 contributing Rs.28.4 million to turnover. Brokers said that there were large parcels done at the 30-rupe price among these trades.
"There was no word on the buyers and sellers of these shares although quantities held suggest just two possible sellers," a broker said.
Sampath Bank also saw a crossing of 150,000 shares at Rs.195 per share contributing Rs.29.3 million to turnover.
Royal Ceramics contributed the most to the day’s business volumes with slightly over 0.8 million shares done on the floor between Rs.98 and Rs.102 closing 10 cents up at Rs.100 contributing Rs.81.3 million to turnover. There were fairly large parcels among the quantities traded, brokers noted.
Other counters that showed volume included Commercial Bank and Aitken Spence both of which edged down from the previous close. ComBank (voting) closed 30 cents down at Rs.127 on nearly 0.3 million shares done between Rs.127 and Rs.128.50 generating a turnover of Rs.37 million while Spence closed 10 cents down at Rs.96.50 on over 0.3 million shares done between Rs.96.40 and Rs.97.80 contributing Rs.32.2 million.
"Trades in both these counters also saw large parcels," a broker said.
There was retail activity in Nation Lanka Finance and Softlogic Holdings with Nation Lanka closing 20 cent up at Rs.7.80 on over 3.1 million shares and Softlogic closing flat at Rs.11.80 on slightly over 1.5 million shares.
Commercial Bank (non-voting) closing 40 cents up at Rs.96.90 on 0.2 million shares, George Steuart Finance closing 26.60 up at Rs.80 on over 0.2 million shares, Lanka Tiles closing flat at Rs.92 on nearly 0.2 million shares and Central Finance closing Rs.7.40 up at Rs.192.90 on 70,969 shares were among the most trades stocks.
www.island.lk
No comments:
Post a Comment