The Colombo bourse closed yesterday with the indices pointing in opposite directions – the All Share down 30.92 points (0.42%) and the Milanka marginally up 5.45 points (0.08%) on a turnover of Rs.2.7 billion, down from the previous day’s Rs.3.47 billion, with 111 decliners ahead of 81 gainers.
"The big business volumes were generated by Janashakthi Insurance, the most traded stock, Nation Lanka Finance and Colombo Land," Prashan Fernando of Acuity Stockbrokers said.
Janashakthi closed Rs.1.60 up at Rs.21 on nearly 16.5 million shares traded between Rs.19.20 and Rs.21.40 to generate the day’s top turnover of Rs.340.7 million.
"There was a crossing of two million Janashakthi at Rs.20.10 which pushed up the share price above the previous day’s close although it was trading lower earlier in the day," brokers said.
Nation Lanka continued to attract major interest losing Rs.1.70 to close at Rs.30.40 on 10 million shares traded between Rs.30 and Rs.32.70 while Colombo Land closed Rs.3.20 up at Rs.38 on nearly 7.9 million shares done between Rs.34.90 and Rs.38.20.
Central Finance dipped Rs.116 to Rs.1,565 on slightly over 0.1 million shares done between Rs.1,525 and Rs.1,669. Two crossings of 31,500 shares at Rs. 1,600 and 12,000 at Rs. 1,670 were among the trades.
Laugfs Gas, both voting and non-voting, were heavily traded with the voting share up Rs.3 to Rs.47.90 on over 2.4 million shares done between Rs.44.90 and Rs.49.40 and the non-voting share up Rs.2 to close at Rs.36.80 on nearly 2.3 million shares done between Rs.35 and Rs.38.40.
Browns lost Rs.18.60 to close at Rs.360 on nearly 0.3 million shares while JKH was up Rs.2 to Rs.301 on nearly 0.3 million shares done between Rs.300 and Rs.303.
source - http://www.island.lk/
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