FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by D.G.Dayaratne Today at 7:28 am

» hSenid Business Solutions(HBS)
by K.R Fri May 17, 2024 9:08 am

» CBSL Pension Fund vs EPF
by God Father Thu May 16, 2024 9:13 am

» EXPO.N - Expo Lanka Holdings De-Listing
by thankrishan Wed May 15, 2024 1:58 pm

» Nations Trust Bank: Consistent growth
by ErangaDS Wed May 15, 2024 8:46 am

» SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)
by soileconomy Wed May 15, 2024 4:01 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by DeepFreakingValue Tue May 14, 2024 12:20 am

» Potential Super Gain with HSIG
by Investment 1st Mon May 13, 2024 12:20 am

» ජනාධිපතිවරණය - 2024
by ChooBoy Sat May 11, 2024 11:20 pm

» The IMF's Monumental Malpractices and future of Sri Lanka
by ChooBoy Sat May 11, 2024 11:18 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by ResearchMan Fri May 10, 2024 12:20 pm

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Thu May 09, 2024 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Thu May 09, 2024 7:09 pm

» Sri Lanka: Country Information Report
by God Father Thu May 09, 2024 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Thu May 09, 2024 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Thu May 09, 2024 12:21 pm

» Browns becomes world’s biggest tea exporter in deal with LIPTON
by sureshot Wed May 08, 2024 9:51 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Wed May 08, 2024 12:49 pm

» COCR IN TROUBLE?
by D.G.Dayaratne Mon May 06, 2024 9:31 am

» Maharaja advise - April 2024
by celtic tiger Tue Apr 30, 2024 12:01 am

» Srilanka's Access Engineering PLC think and Win
by Dasun Maduwantha Mon Apr 29, 2024 11:40 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Fri Apr 26, 2024 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Fri Apr 26, 2024 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Bourse continues in the red

Go down  Message [Page 1 of 1]

1Bourse continues in the red Empty Bourse continues in the red Mon Jun 25, 2012 11:16 pm

CSE.SAS

CSE.SAS
Global Moderator

Turnover at 12-week high

The Colombo Stock Exchange, on corrective mode, continued to lose ground with both indices closing in the red on Monday (25), but managed to record the highest turnover in twelve weeks, brokers said.

The All Share Price Index closed 0.97 percent lower, down 48.72 points to 4,990.43 while the Milanka Price Index of more liquid stocks closed 26 points lower, down 0.58 percent to 4,452.51.

Year-to-date, the Colombo Stock Exchange has fallen 17.85 percent, while the Milanka Price Index has declined 14.85 percent.

Turnover amounted to Rs. 1.52 billion on a little more than 105.9 million shares changing hands during the day.

Sixty two (62) counters closed in positive territory against 139 counters that closed in the red.

Foreign purchases amounted to Rs. 33.6 million and foreign sales amounted to Rs. 91.4 million, resulting in a net outflow of Rs. 57.85 million.

"The markets have been in a declining mode for the last couple of days and we can see this correction extending to 4,900- 4,930 levels where some support is expected to come. This appears to be a corrective pattern after the sharp rise that we saw a few days back and after the correction is complete the resumption of the rally should occur," Bartleet Religare Securities Technical Analyst Gaurav Kumar Sharma said.

"Despite the market commencing the week on negative territory, turnover reached the Rs. 1.5 billion mark, the highest turnover recorded in 12 weeks, mainly due to the 47 percent contribution for Browns Beach Hotel," NDB Stockbrokers said yesterday.

"Institutional and high net worth interest was also evident in selected plantation counters such as Balangoda and Madulsima as well as banking and finance sector counters such as Central Finance Co and Commercial Bank," it said.

Browns Beach Hotel fell 0.71 percent to close at Rs. 13.90 while Balangoda Plantations gained 2.98 percent to close at Rs. 24.20 while Madulsima Plantations closed flat at Rs. 9.50.

Central Finance which declared a final dividend of Rs. 1.10 per share, closed flat at Rs. 129.
http://island.lk/index.php?page_cat=article-details&page=article-details&code_title=55300

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum