Trade Summary Market - 26/03/2012

sriranga · 1 Trade Summary Market - 26/03/2012 Mon Mar 26, 2012 4:09 pm

sriranga

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Trade Summary Market - 26/03/2012 Captur16

sriranga · 2 LBT: Market Monday Mon Mar 26, 2012 4:24 pm

sriranga

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Mar 26, 2012 (LBT) -

Trade Summary Market - 26/03/2012 26marc10

The market managed to continue with the positive momentum displayed last week. The main contributors for the todays turnonver were a few block trades. This together with continuous buying interest shown on Blue chip JKH helped consolidate the prevailing momentum. Active trading continued on retails caps which further helped sentiment.

The benchmark ASPI gained 8.63 points to close at 5,430 whilst the liquid MPI gained 26.01 points to close at 4,873. Total turnover for the day was over1.1 bn (Approximately USD 8.4 million) Total volume traded was close to 29 mn shares. Off the market deals continued on selected counters which again helped to post a decent turnover on board. Block trades were seen in 5 counters which collectively contributed over 56% of the days turnover. Multinationals NEST and CTC saw blocks of 256,874 and 446,853 change hands at Rs.865 and Rs.484.10 respectively. Both counters went on to close the day losing marginally as the block trades transacted below the market prices.

RHL witnessed a block of 1.2mn shares change hands at Rs.40, The counter then gathered interest from retailers and traded impressive retail volumes to close the day Rs.40.70 gaining 5.2% for the day. Accumulation continued on CINS as another block of 112,000 shares changed hands at Rs.850 during the day.

Market heavyweight JKH continued to see buying interest from both High net worth’s and Institutions and contributed over 13% towards the days turnover. The counter also witnessed a block of 200,000 shares change hands at Rs.200. The counter gained 2.67% for the day and closed at Rs.199.80.

Active trading continued on retail favourite speculative caps as most of them closed the day on a positive note. ERI and its warrants continued its dominance among retailers as all the counters gained over 7% during the day. Counters such as VLL and NHL also traded attractive volumes and contributed impressive towards the day’s turnover. In addition, volumes were topped by BLUE.X,ATL whilst MIRA emerged as the top gainer.
http://lbt.lk/stock-market/movement/1526-lbt-market-monday