Investors buy into blue chips
As investors poured money into blue chip companies, the ASI index of
all listed companies surged past the 5,000 mark late afternoon trading
The benchmark index which tracks the movement of all listed companies
finally closed at 4999.05, up 56 points (+1.1 percent) for the day.
The ASI's peak for the day was 5015.16.
The gains were attributable to price rises in John Keells Holdings
(up Rs 5.50 to close at Rs 240.00 on business of Rs 66 million), Sri
Lanka Telecom (share gained 75 cents on turnover of Rs 3 million to
close at Rs 37.00), Richard Pieris (up Rs 8.75 to Rs 108.50 on turnover
of Rs 184 million). Bukit Darah was the other large cap company to close
up Rs 100.75 to Rs 4799.75, though turnover on the company shares were
low at just Rs 1.4 million.
Total turnover for the day was Rs 2.3 billion with Dialog and NDB
Bank accounting for Rs 176 million and Rs 114 million of business
respectively. First Guardian Equities