Tuesday, September 27, 2011

Colombo bourse makes slight gain

Indices started off the week on a positive note only to fall gradually during the latter half of trading while global markets continued to decline. However, indices closed marginally in green amidst renewed retail investor interest witnessed in certain counters, NDB Stockbrokers said.

The All Share Price Index closed 0.02 percent higher on Monday at 6,736.02 while the Milanka Price Index of more liquid shares closed 0.03 higher at 6,025.81. Turnover reached Rs. 1.42 billion on a trading volume of 88.8 million shares.

"The trading sector was the main contributor to the market turnover (due to Tess Agro) and the sector index increased by 0.32%. Tess Agro was the main contributor to the market turnover. The share price increased by Rs.0.80 (13.79%) and closed at Rs.6.60,"NDB Stockbrokers said.

"Bank Finance and Insurance sector also contributed significantly to the market turnover and the sector index decreased by 0.73%.

"HVA Foods also contributed significantly to the market turnover. The share price increased Rs.8.60 (17.20%) to close at Rs.58.

"A continued interest was witnessed in Regnis (Lanka) and Radiant Gems. The share price of Regnis (Lanka) increased by Rs 14.10 (4.63%) and closed at Rs 315 while the share price of Radiant Gems increased by Rs 19.80 (10.29%) and closed at Rs 218. Healthcare sector was on the up amidst a renewed interest witnessed in Asiri Hospitals and Lanka Hospitals."

source - www.island.lk

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