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 20, 2010
SRI LANKA STOCK MARKET - REPORTED GAINS TO ADY
20/01/2010 - Colombo stock exchange reported gains once again to day. ASI was up by 49.11 points to close at 3532.42 & the more liquid Millanka index was up by 60.57 to close at 4071.08. The turnover for the day was healthy Rs 1.2 b.n. We saw gainers across the board & there were 125 gainers against 26 losers. Once again the turn over was supported by local investors. Foreign purchases were at Rs 102 m.n. & foreign sales were 476 m.n. Share prices of the banking counters saw price improvements during the day due to the report released from Central bank of Sri lanka relating to bank taxes.