The Colombo bourse posted a turnover topping billion rupees after several days with the indices closing in opposite directions – the All Share down 5.19 points (0.10%) and the Milanka up 18.80 points (0.29%) on a turnover of Rs.1.2 billion, up from the previous day’s Rs.522.4 million, with 93 gainers slightly behind 98 decliners.
The day’s turnover was assisted by heavy trades in Citrus Leisure where nearly 2 million shares were transacted, Bimputh Lanka with nearly 1.2 million shares done, JKH with 0.6 million, Dipped Products (0.3 million shares) and Orient Garments (1.2 million shares).
JKH was up a rupee to close at Rs.195 while Citrus Leisure closed flat at Rs.30, Bimputh was up Rs.3 to close at Rs.36 and Dipped Products up Rs.3 to close at Rs.91.
Trades in Orient Garments included a crossing at Rs.15.20.
Renuka City Hotels PLC in a stock exchange filing announced a Rs. 218 million investment to expand its Kollupitiya property by adding 18 guest rooms, a swimming pool, gym, staff facilities and a ground floor car park
The company said approval has been granted for the expansion and construction will commence shortly.
Three companies, JKH, HNB and Richard Pieris announced the exercising of Employees Share Options with JKH listing nearly a million shares raising the stated capital to nearly Rs.25 billion, HNB listing 19,374 voting shares and 4,177 non-voting shares raising the stated capital to nearly 11.5 billion and Richard Pieris listing 350,000 shares raising its stated capital to over Rs.1.6 billion.
source - www.island.lk
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