Trade Summary Market 14/03/2012

Redbulls · 1 Trade Summary Market 14/03/2012 Wed 14 Mar 2012 - 13:16

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Trade Summary Market 14/03/2012 14032010

Slstock · 2 Crossings 14/03/2012 Wed 14 Mar 2012 - 13:21

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Trade Summary Market 14/03/2012 Crossi19

sriranga · 3 Re: Trade Summary Market 14/03/2012 Wed 14 Mar 2012 - 14:23

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Mar 14, 2012 (LBT) - The bourse witnessed mixed sentiments during the day and posted a decent turnover on board thanks to a few off the market deals, whilst retail activity continued to be low.

The benchmark ASPI gained 11.27 points to close at 5,418 whilst the liquid MPI went on to gain 17.43 points to close at 4,822. Total turnover for the day was over 1.2bn. (Approximately USD 9.7 million) Total volume traded was 45,392K.

Off the market deals were seen on counters CTCE,OGL and PCP during the day which collectively amounted over 50% of the markets turnover. CTCE witnessed 1.5mn shares change hands at Rs.203. The counter closed at Rs.209.50 gaining 3% for the day. 5 off the market deals were seen on OGL as over 1.5mn shares change hands at Rs.15.20. PCP also followed and witnessed 8.2mn shares change hands at Rs.25. The counter closed at Rs.23.10 shedding 5% for the day.

Heavyweight JKH continued to witness buying interest at around Rs.195 and contributed over 100mn towards the day’s turnover. Hotel sector counter REEF witnessed over 1.9mn shares change hands at Rs.31,BLI continued to see small block totaling over 1mn shares change hands at Rs.33. The counter attracted retail interest soon after and gained 5% to close at Rs.34.60.

DIPD and BRWN also witnessed institutional interest during the day as decent volumes changed hands. Retail activity remained low, although interest was seen on penny stocks BLUE and SEMB.
http://lbt.lk/stock-market/movement/1441-lbt-market-wednesday

wiser · 4 Re: Trade Summary Market 14/03/2012 Wed 14 Mar 2012 - 14:40

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Continuously Foreigners are net buyers. May be due to USA announced 5 years recession has finished. USA Markets already given buy signal. Good sign for us as well.

Slstock · 5 Re: Trade Summary Market 14/03/2012 Wed 14 Mar 2012 - 14:44

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wiser wrote:Continuously Foreigners are net buyers. May be due to USA announced 5 years recession has finished. USA Markets already given buy signal. Good sign for us as well.

Wiser,
any link to "USA announced 5 years recession has finished"?

sriranga · 6 Re: Trade Summary Market 14/03/2012 Wed 14 Mar 2012 - 14:54

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Please read this link.
http://buffalo.indymedia.org/content/last-summer-finished-great-recession-started-growth-economic-downturn

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Mar 14, 2012 (LBO) - Sri Lanka's stocks closed flat Wednesday, with foreign investors being net buyers and the rupee fell to a new low in forex markets, brokers and dealers said.

The benchmark Colombo All Share Index closed down 5.19 points at 5,418.07 points and the Milanka Index of liquid stocks gained 0.39 percent (18.80 points) to close at 4,822.31 points.

Turnover was 1.2 billion rupees with a volume of 45.4 million shares traded. Foreign net buying was 71 million rupees.

A parcel of 1.5 million shares in Eagle Insurance changed hands at 203.00 rupees.

Five parcels totaling 15.45 million shares of Orient Garments were traded off-market at 15.20 rupees each with deals being a transfer between an investor and a private holding company, sources familiar with the matter said.

A further five crossings amounting to 8.2 million shares of PC Pharma took place at 25.00 rupees a share.

Blue chip JKH, trading up 1.00 rupee at 195.00 rupees, was actively traded, contributing 117.6 million rupees to turnover.

Commercial Bank rose 0.40 rupees to 99.60 rupees while Vallibel One share gained 0.30 rupees reaching 20.30 rupees.

Retailers were active on Citrus Leisure which ended flat at 30.00 rupees and Bimputh Lanka Investments, appreciating 3.00 rupees to reach 36.00 rupees.

Blue Diamonds voting share ended the day on 5.60 rupees, up 0.10 rupees with no change in its non voting share, closing at 2.50 rupees.

Softlogic Holdings gained 0.40 rupees to 12.80 rupees while Capital Alliance Finance rose 1.20 rupees to 36.70 rupees.
http://lbo.lk/fullstory.php?nid=676535729