Wednesday, December 16, 2009

COLOMBO SHARE MARKET UP WITH A TURN OVER OF RS 1.4 B.N.

Heavy trading in JKH and Aitken Spence Hotels pushed up turnover on the Colombo Bourse yesterday (15/12/2009) to over Rs 1.4 billion, up from Rs 330.9 million the previous day with healthy gains posted by both indices – the All Share up 37.18 points (1.22 percent) and the Milanka up 54.63 points (1.59percent).

The JKH and Aitken Spence Hotels trades drove the market with most of the big JKH trades done at a price of Rs.154 while the big parcels of Aitken Spence Hotels trades were done at Rs.250,’’ Prashan Fernando of Acuity Stockbrokers said.

JKH saw over 5 million shares done between Rs.154 and Rs.160 gaining Rs.5.25 to close at Rs.159.75 while Aitken Spence Hotels, with over a million shares traded between Rs.239.75 and Rs.245, was up Rs.4.25 to close at Rs.244.(v.w.a)
JKH generated the day’s biggest turnover of Rs.804.1 million while Spence Hotels contributed Rs.256.3 million, with these two stocks accounting for over a billion rupees of the day’s business volume.



source - www.island.lk

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