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The Colombo bourse yesterday sustained Thursday’s rally with turnover topping Rs.1 billion after a long time and interest in JKH and Commercial Bank keeping the market buoyant.
Both indices were up - the All Share by 63.23 points (1.07%) and the Milanka by 22.05 points (0.43%) with 149 gainers strongly outpacing 39 losers.
"It’s been sometime since we have seen turnover topping the billion rupee mark," a broker said. "Hopefully, we are heading for a stable year end with foreign buying interest evident in JKH and Commercial Bank also attracting buyers."
There were five crossings in JKH accounting for the bulk of nearly 3.3 million shares traded yesterday with the counter closing Rs.2 down at Rs.170 trading between Rs.170 and Rs.172.80 and contributing Rs.556.1 million to turnover.
Brokers said that all the JKH crossings were big parcels at Rs.170 per share.
Commercial Bank was 50 cents down at Rs.100.50 on over 2.1 million shares done between Rs.100 and Rs.101.50 generating the day’s second highest turnover of Rs.211.5 million. There were three ComBank crossings at Rs.100 while 0.7 million non-voting shares of the bank was crossed at Rs.72.60.
ComBank X closed a rupee up at Rs.73 on nearly 0.9 million shares done between Rs.71.90 and Rs.72.
Other contributors to yesterday’s turnover included HVA Foods up Rs.1.40 to Rs.37.20 on nearly 0.8 million shares, Janashakthi down 30 cents to Rs.14.90 on over 1.7 million shares and Regnis down Rs.4.70 to Rs.371.90 on 56,600 shares.
Among the speculative stock ERI, Colombo Land and Lanka Hospitals showed volume and price gains.
island.lk
Both indices were up - the All Share by 63.23 points (1.07%) and the Milanka by 22.05 points (0.43%) with 149 gainers strongly outpacing 39 losers.
"It’s been sometime since we have seen turnover topping the billion rupee mark," a broker said. "Hopefully, we are heading for a stable year end with foreign buying interest evident in JKH and Commercial Bank also attracting buyers."
There were five crossings in JKH accounting for the bulk of nearly 3.3 million shares traded yesterday with the counter closing Rs.2 down at Rs.170 trading between Rs.170 and Rs.172.80 and contributing Rs.556.1 million to turnover.
Brokers said that all the JKH crossings were big parcels at Rs.170 per share.
Commercial Bank was 50 cents down at Rs.100.50 on over 2.1 million shares done between Rs.100 and Rs.101.50 generating the day’s second highest turnover of Rs.211.5 million. There were three ComBank crossings at Rs.100 while 0.7 million non-voting shares of the bank was crossed at Rs.72.60.
ComBank X closed a rupee up at Rs.73 on nearly 0.9 million shares done between Rs.71.90 and Rs.72.
Other contributors to yesterday’s turnover included HVA Foods up Rs.1.40 to Rs.37.20 on nearly 0.8 million shares, Janashakthi down 30 cents to Rs.14.90 on over 1.7 million shares and Regnis down Rs.4.70 to Rs.371.90 on 56,600 shares.
Among the speculative stock ERI, Colombo Land and Lanka Hospitals showed volume and price gains.
island.lk
