Sri Lanka Stock Picks

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Tuesday, January 26, 2010

SRI LANKA SHARE MARKET REPORTED GAINS AT FINAL HOURS OF TRADING

26/01/2010 - Colombo Stock Exchange was up today where gains were recorded at the final half an hour of trading. Market was closed at 12.00 noon today due to the Presidential elections. ASI was up by 36.93 points to close at 3591.98 surpassing its previous all-time high of 3586.68, hit on Jan. 18. Millanka index was up by 58.05 points to close at 4124.95.
Turn over for the day was healthy Rs 883 m.n. & this was reported only for two & half hours of trading. Turn over was supported by local investors.Foreign participation was at low levels, where foreign purchases were Rs 125 m.n. & foreign sales were at Rs 251 m.n.
There were 95 positive contributors as against 34 negative contributors.
Buying interest was seen in most of Blue chip counters led by Banks.
Colombo bourse has risen 6.08 percent so far this year after being one of the world's best-performing markets in 2009, jumping 125.2 percent as a result of the eradication of the 30 year old civil war.

TOP FIVE GAINERS FOR THE DAY TOP FIVE LOSERS FOR THE DAY