Tuesday, January 4, 2011

Chicken run continues in New Year

Colombo bourse yesterday closed higher with activity mainly in poultry and plantations sectors, apart from the heavy trading of John Keells Holdings shares.

Bairaha Farms seemed to be the favourite share in the limelight of high prices of chicken in the country, the share closed at Rs.377.30, up Rs.53.00 while Ceylon Grain Elevators, another poultry company closed at Rs. 77.50, up Rs.2.80 rupees with 925,000 shares changing hands.

High prices for rubber at international markets seemed to have given a boost for the plantation shares in the Colombo bourse and several plantation shares such as counters such as KGAL, BALA and AGAL attracted some buying interests.

JKH was the most heavily traded stock with two crossings of 500,000 and 150,000 shares at 300.00 and the stock closing at 299.50, up 1.10 rupees with 807,000 shares done.

The All Share Price Index closed at 6,657.91, up 0.33 percent (22.04 points) while the more liquid Milanka index closed flat at 7,061.36, according to stock exchange provisional figures.

Turnover for the day was 1.9 billion rupees.

source - www.dailymirror.lk

No comments: