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.

Wednesday, January 13, 2010

SRI LANKA SHARES UP

13/01/2010 - Sri lanka shares up to day with a massive turnover of Rs 2.2 b.n. ASI was up by 42.09 points & the Millanka index was up by 79.48 points to close 3536.71 points & 4085.37 points respectively. Local investors were chasing shares since they have no other options due to low interest regime prevailing in the country.There were 88 positive contributors as against 60 negative counters.Foreigners were net buyers to day by Rs 78 m.n.

CROSSINGS FOR THE DAY

There were two crossings each of 1.0 m.n. blocks of shares changing hands in DIST & HEMAS. apart

from these two KHL,OSEA,NTB,HNB, Crossings were noticed. It is better to have a closer look at HNB,DIST,OSEA,NTB,HEMAS shares in future since these shares have further room to go up.

TOP GAINERS FOR THE DAY TOP LOSERS FOR THE DAY

To day we saw massive price increases in Environmental Resources Investment company shares & warrants as a result of the recent rights + warrants issue. Further another ERI related company CLPL saw its share price increase by well over 50% purely on speculative basis.