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.
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