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Wednesday, January 5, 2011

Market impressive

The capital market performed impressively on the second day of the new year closing with an upward trend.

The Colombo Stock Exchange (CSE) All Share Price Index (ASPI) closed 6701.85 points moving up by 43.89 points, while Milanka Price Index (MPI) closed at 7094.07 points gaining 32.65 points. The turnover for the day was over Rs three billion.

The market showed an active atmosphere while many investors were keen on ICT, tourism and plantation stocks. The top turnovers contributed from PC House, Citrus Leisure, Ceylon Grain Elevators, Richard Pieris and Companies and Citrus Leisure (warrant).

Five crossings were noticed from John Keells Holdings, Lanka Tiles, Sampath Bank, Dialog Axiata and Hatton National Bank (non-voting).

Meanwhile the Colombo Stock Exchange said new Central Depository System (CDS) rules have been approved by the Securities and Exchange Commission of Sri Lanka and the directive to this effect has been received by the CDS.

Accordingly the new CDS rules will be in force from January 3. C de S

source - www.dailynews.lk