The Colombo bourse remained lackluster yesterday although the All Share Price Index was up a marginal 3.69 points (0.05%) while the Milanka was down 18.73 points (0.27%) on a disappointing turnover of Rs.1.4 billion, down from the previous day’s Rs.1.5 billion with 137 losers ahead of 70 gainers.
"It was quite a dull day with the All Share picking up a little towards close of trading but losing much of the gain when the marked closed," Prashan Fernando of Acuity Stockbrokers said. "The day’s top turnover came from Commercial Bank where there were two crossings, a million shares at Rs.270 and 401,402 shares also at the same price."
ComBank with over 1.4 million shares done lost Rs.3.60 to close at Rs.266 on a trading range of Rs.265 to Rs.270.
Nation Lanka Finance, with nearly 8.2 million shares traded was down 30 cents to Rs.11.70 with a million shares done on the trading floor at Rs.11.50. The share traded yesterday between Rs.11.40 and Rs.12 with brokers saying there seemed to have been one big seller at the Rs. 11.50 price.
Central Finance attracted some interest with 35,000 shares done between Rs.1,405 and Rs.1,450 dipping Rs.29.70 to close at Rs.1,424.
On the green side of the trading board with counters that showed some quantity were Browns, up Rs. 3.30 to close at Rs.321 on over 0.1 million shares, SLT up Rs.3.50 to close at Rs.59 on nearly 0.6 million shares and Guardian up 50 cents to close at Rs.385 on 63,800 shares.
Watapota was up Rs.6.10 to Rs.258.90 on 68,100 shares and Distilleries up 60 cents to Rs.182 on 89,600 shares.
Four Carsons plantation companies with estates in Malaysia declared first and final dividends for 2010/11 following shareholder approval at AGMs on June 3. They will trade XD on June 6 and payment will be on June 14.
Selinsing will pay Rs.20.60 per share, Indo Malay Rs.10.60 per share, Good Hope Rs.14.05 per share and Shalimar Rs.14 per share.
source - www.island.lk
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