Thursday, February 11, 2010
SRI LANKA SHARE MARKET DOWN BY 1.31% DUE TO PROFIT TAKING + POLITICAL UNCERTAINTY
We noticed that the profit taking among the investors across the board due to recent sharp gains in share prices was the main reason to market perform negatively last three days,not the political uncertainty prevailing in the country,since all the Sri lankans lived with uncertainty for the past 30 years. We believe that we know very well than foreigners how to handle the uncertainty situations in our country.
Turnover for the day was Rs 1.4 b.n. However today we saw a positive sign in the market that after a considerable period foreigners were net buyers in the market. Net foreign inflow for the day was Rs 47 m.n. Foreign buying were at Rs 180 m.n. & foreign selling was at Rs 133 m.n.
There were 26 positive gainers as against 133 negative counters.
TOP FIVE GAINERS TODAY TOP FIVE LOSERS TODAY
CROSSINGS FOR THE DAY
PROFIT FOR THE NINE MONTHS ENDED 31/12/2009
ANNUAL PROFITS AS AT 31/12/2009
Eagle insurance company has declared Rs 9.00 per share as the final dividend.