By Paneetha Ameresekere
Ceylon Finance Today: The carnage in the bourse continued for the third consecutive day yesterday (30), led by JKH, with an overall net foreign outflow (NFO) of Rs 1.8 billion in the market, taking NFOs in those three days......up to yesterday to Rs 4.4 billion, data showed.
Ceylon Finance Today: The carnage in the bourse continued for the third consecutive day yesterday (30), led by JKH, with an overall net foreign outflow (NFO) of Rs 1.8 billion in the market, taking NFOs in those three days......up to yesterday to Rs 4.4 billion, data showed.
Nevertheless, market sources told Ceylon FT that those net outflows were only on JKH. On the other hand there are also inflows, they said. The bourse in the year-to-date has experienced a net foreign inflow of Rs 7.2 billion.
JKH, the market's largest capitalized stock, also boosted turnover to Rs 4.3 billion yesterday, while CTC, the market's second largest capitalized stock, on nominal volumes, helped the bourse to make marginal gains at yesterday's trading, data further showed.
JKH and its warrants contributed Rs 2.3 billion to the day's turnover, while the ASPI marginally increased by 0.19% to 7,252.14 points and the S&P SL 20 Index by 0.48% to 4,038.30 points. Those gains were backed by CTC's share price increasing by 0.19% to
Rs 1,155 a share whilst contributing a nominal Rs 12,700 to turnover on a measly share volume of 11.
The performance of market indices are directly correlated to the movement of market capitalization (market cap). CTC, which exposure to overall market cap yesterday was 7.45%, has a heavy bearing on the movement of such indices.
Losers out bid gainers by a ratio of 106:100 yesterday. JKH contributed Rs 2 billion to yesterday's turnover on a share volume (SV) of 7.9 million. Its shares closed, up 1.08% to
Rs 253.70 a share. JKH's contribution to overall market cap yesterday was 8.66%.
The market witnessed a SV of 86,867,537; up 8.1% over the previous day's SV.
Among the other stocks which joined the Rs 100 million+ club yesterday were Com Bank, the market's third largest capitalized stock with Rs 368 million, on a SV of 2.4 million.
Com Bank's shares closed at Rs 155.90 a share, down 0.70%. Its contribution to overall market cap was 4.35%.
Third was Chevron, the market's 17th largest capitalized stock with Rs 171.9 million on a SV of 513,074. Chevron, the market's 17th largest capitalized stock, closed at Rs 335.80 a share, up 0.45%.
Fourth, JKH Warrants (W) 0023, Rs 149.1 million and up, 2.56% to Rs 80 in price. However, 'Ws' are not considered for market cap. And the last in the Rs 100 million club was JKH W0022 (Rs 117.5 million), up 2.30% to Rs 75.50.
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JKH, the market's largest capitalized stock, also boosted turnover to Rs 4.3 billion yesterday, while CTC, the market's second largest capitalized stock, on nominal volumes, helped the bourse to make marginal gains at yesterday's trading, data further showed.
JKH and its warrants contributed Rs 2.3 billion to the day's turnover, while the ASPI marginally increased by 0.19% to 7,252.14 points and the S&P SL 20 Index by 0.48% to 4,038.30 points. Those gains were backed by CTC's share price increasing by 0.19% to
Rs 1,155 a share whilst contributing a nominal Rs 12,700 to turnover on a measly share volume of 11.
The performance of market indices are directly correlated to the movement of market capitalization (market cap). CTC, which exposure to overall market cap yesterday was 7.45%, has a heavy bearing on the movement of such indices.
Losers out bid gainers by a ratio of 106:100 yesterday. JKH contributed Rs 2 billion to yesterday's turnover on a share volume (SV) of 7.9 million. Its shares closed, up 1.08% to
Rs 253.70 a share. JKH's contribution to overall market cap yesterday was 8.66%.
The market witnessed a SV of 86,867,537; up 8.1% over the previous day's SV.
Among the other stocks which joined the Rs 100 million+ club yesterday were Com Bank, the market's third largest capitalized stock with Rs 368 million, on a SV of 2.4 million.
Com Bank's shares closed at Rs 155.90 a share, down 0.70%. Its contribution to overall market cap was 4.35%.
Third was Chevron, the market's 17th largest capitalized stock with Rs 171.9 million on a SV of 513,074. Chevron, the market's 17th largest capitalized stock, closed at Rs 335.80 a share, up 0.45%.
Fourth, JKH Warrants (W) 0023, Rs 149.1 million and up, 2.56% to Rs 80 in price. However, 'Ws' are not considered for market cap. And the last in the Rs 100 million club was JKH W0022 (Rs 117.5 million), up 2.30% to Rs 75.50.
www.ceylontoday.lk
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