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.

Friday, January 15, 2010

SRI LANKA SHARES UP - BACKED BY RETAIL BUYING

15/01/2010 - Sri lanka share market is up once again to day with a turnover generating over Rs 1.5 b.n. Local investors chasing behind stocks before the presidential elections hoping that much awaited foreign funds may arrived at Colombo stock market after the elections.
Foreign participation was at minimum levels with an out flow of Rs 295 m.n. Foreign purchases were Rs 92 m.n. & sales were Rs 387 m.n.
There were 95 positive contributors as against 50 negative contributors. ASI closed at 3563.14, up by 26.43 points & the Millanka index closed at 4099.28 up by 13.91 points.
Turn over was well supported by hotel sector company shares together with other mid cap shares.

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