Sri Lanka Stock Picks

Sri Lanka stock picks site has been developed to give first hand information with regard to share trading opportunities available for investors who do not like go through lengthy research reports, calculations,etc but to have a clear idea about stocks that have future up side potential.Our service is just not for day traders but for the investors who wish to see their money growing in the long run.Our main objective is to provide information relating to trading under one roof.

Thursday, December 24, 2009

STOCKS UP AT COLOMBO SHARE MARKET

24/12/2009- Colombo market is up once again. Bench mark All Share Price index by 26.76 points,& millanka index by 32.91 points. Turn over for the day was 868 m.n. lead by local investors.Foreigners were net sellers for the day by massive Rs 350 m.n.
Gainers were BUKI by Rs 159, Aitken spence by Rs 63, RHL X by11.50 & RHL by Rs 7.50.
Losers were CINS X , Seylan merchant leasing,& LHCL etc.

The pending subdivision of each of company shares in to five by the RHL looks attractive. As we mentioned in one of our earlier reports both voting & non voting shares of the Renka holding still have room for the go up in coming days.