Thursday, March 11, 2010

SRI LANKA - SHARES DOWN - FOREIGNERS WERE NET BUYERS FOR THE THIRED CONSECUTIVE DAY

                   DAILY MARKET REVIEW

10/03/2010 - Colombo stocks closed down today due to the profit taking by retail investors.ASI was down by 7.79 points to close at 3901.22 & however more liquid Milanka index was up by 3.35 % to close at 4385.67.

Turnover for the day was Rs 713 m.n.

Foreigners were net buyers for the third consecutive day. They purchased shares to the value of Rs 111 m.n. & sold shares to the value of Rs 42 m.n.resulting a net foreign inflow of Rs 69 m.n.

Investment trust sector is the biggest gainers in the list of sectors. This is purely due to price appreciation of GREG share, followed by IT sector.

There were 60 positive gainers as against 56 negative contributors.

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


    TOP VOLUMES FOR THE DAY


     CROSSINGS FOR THE DAY



 CLOSER LOOK
  •  Foreigners were net buyers for the third consecutive day .
  • On a week market days like this investors can capitalize on the discounted share prices.
  • Coco lanka both N class & X class have a very strong support levels around @ Rs 40 & Rs 30.
  • Better to have a closer look at Coco lanka  shares.
  • Seylan X counter traded on large volumes for the last couple of days.
THE PRICE OF CENTRAL HILLS - THE KANDY HOTEL COMPANY

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