08 JANUARY 2013 16:50 WRITTEN BY THARANGA SENARATNE
Jan 08, 2013 (LBT) - The All Share Price Index gained 5.84 points to close at 5,751.93 (0.1%) while the S&P SL20 Index gained 3.93 points to close at 3,123.97 (0.1%).Total turnover for the day stood at LKR1,273.6 mn (USD9,978.2 k) vs. 12-months average daily turnover of LKR1,031.6 mn (USD8,081.7 k), whilst the volume traded for the day was 17,599 k against the 12-months average daily volume of 40,543 k.Top contributory counters towards the turnover for the day were, Asiri Central Hospital LKR562.5 mn (USD4,407.0 k, 9.7%), Commercial Bank of Ceylon LKR254.2 mn (USD1,991.1 k, 0%), John Keells Holdings LKR155.1 mn (USD1,214.8 k, 0.7%), Lanka Orix Leasing Company LKR88.5 mn (USD693.5 k, 7.3%) and Hatton National Bank LKR42.1 mn (USD330.2k, 0.2%).
The Colombo bourse ended the day on a positive note with the ASI edging up marginally after witnessing a sharp dip during midday. The day’s turn over that surpassed LKR1.2 bn was primarily lifted up by nine crossings adding to circa 74%, whilst, retail participation was also evident on selected counters. A huge block of over 2.2 mn shares of Asiri central Hospital got transferred at LKR250.0, as the Asiri Hospital Holdings bought 10.07% from Actis Investments Holdings that solely contributed circa 44% to the total turnover. In addition, over 2.1mn shares of Commercial bank of Ceylon changed hands at LKR104.50 in 5 crossings, whilst over 270k shares of John Keells Holdings were transferred at LKR224.50. Further, Hatton National Bank witnessed a crossing of over 177k shares at LKR147.50 rupees, whilst 1mn shares of Lanka Orix Leasing Company got transferred at LKR60. Since the activities at the Colombo bourse were predominantly led by the institutional investors, the aforementioned counters that reported crossings, secured places in the top contributors list.
Foreign purchases amounted to LKR476.0 mn (USD3,729.4 k), whilst foreign sales amounted to LKR885.3 mn (USD6,936.2 k). This resulted in a net foreign outflow of LKR409.3 mn being recorded at the end of the day’s trading. Market capitalization stood at LKR 2,209.4 bn. YTD performance is 1.9%..