Bourse shoots to green territory
Boosted by the encouraging market news of extending the credit
clearing period, Colombo bourse witnessed a significant shot up to the
green territory. Significant levels of gains were seen in stocks such as
Guardian capital partners Plc (up Rs 81.00), Print Care Plc (up Rs
56.90) and Blue Diamond Jewellry Plc (up Rs 0.80).
ASI jumped by 128.92 points (+1.75 percent) to close at 7,487.61
while more liquid MPI gained 80.79 points (+1.19 percent) to close at
The value of market turnover stood at Rs 3.0 billion.
John Keells Holdings Plc was the top contributor to the turnover at
Rs 242.2 million. In addition Hatton National Bank Plc (Rs 240.0
million) and Nation Lanka Finance Plc (Rs 238.3 million) made notable
contributions to the daily turnover. Meanwhile Guardian Capital Partners
Plc, Blue Diamonds Jewellery Plc and Three Acre Farms Plc attracted
heavy investor interest during trading.
Foreign participation was 11.45 percent of the total market activity.
At the end of the day foreign investors were the net buyers with a net
foreign purchase of Rs 73.7 million.Lanka Securities Research