02 August 2009

High investor interest keep stock market on rise

31st July 2009, news.lk

The Colombo Stock Market continued its positive momentum with the market indices recording gains due to high investor interest in the hotels, banking and manufacturing stocks.

The All Share Price Index (ASPI) which tracks the movements of all stocks closed the day at 2,525.70 points, up by 13.86 points or 0.55% while the Milanka Price Index which tracks the most liquid stocks closed the day at 2,838.36 points, up by 15.40 points or 0.55%. The ASPI growth for the year to date stands at 68.04%. The turnover for the day was Rs.469.37 million compared with Rs.510.75 million recorded on the previous trading day. Net foreign inflow for the day amounted to Rs.101 million.

Heavily traded stocks for the day, in terms of volume were Janashakthi Insurance, Nations Trust Bank, Pan Asia Bank, Piramal Glass Ceylon, Lanka Ceramic, Lanka Cement, Lanka Walltile, Lanka Hospital Corporation, Sampath Bank, Blue Diamonds Jewellery Worldwide, John Keells Holdings and Dialog Telekom.

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