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, February 24, 2010

SRI LANKA - COLOMBO SHARE MARKET WAS UP BY 0.14 % ON BACK OF RETAIL BUYING

24/02/2010 - Colombo Share Market is up today by 0.14% on back of retail buying. As we mentioned yesterday bargain hunters are always vigilant to grab any opportunities available in the market. This was visible in selected counters such as Plantations,Banking, etc.

Turnover for the day was Rs 1.3 m.n.

Foreigners were net sellers for the day, & net foreign out flow was Rs 128 m.n. They bought shares to the value of Rs 46 m.n. & sold shares worth of Rs 174 m.n.

There were 68 gainers as against 67 losers.

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

CROSSINGS FOR THE DAY

LARGE TRADES FOR THE DAY

NOTE

C.W.Mackie Report

C.W.Mackie has released its annual report for year ended 31/12/2009 today. It reflects a significant growth of 224.37% at group level for the financial year 2009 reflecting Rs 2.93 as E.P.S. for the same period.This growth trend can be seen in company level as well.

However due to increased Tax which included a deferred tax provision of 23.6 million rupees in December the quarte at company & group level we can see a negative growth for the last 03 months ended 31/12/2010.