Heavy trades in Citrus Leisure, JKH, NDB and Seylan Bank among others pushed turnover on the Colombo bourse to nearly Rs.1.2 billion yesterday, up from the previous day’s Rs.627.25 million with the indices closing in opposite directions – the All Share down a marginal 4.78 points (0.09%) and the Milanka up 25.60 points (0.52%) with 86 gainers and 95 losers almost on even keel.
Brokers said there was a fair level of activity with possible switches within portfolios with the approach of March 31.
Citrus generated the day’s top business volume of nearly Rs.80 million closing 20 cents down at Rs.30 on nearly 2.7 million shares traded between Rs.29.60 and Rs.30.20.
JKH continued to be keenly sought closing Rs.2.80 up at Rs.208.10 on slightly over 0.2 million shares traded on the floor between Rs.208 and Rs.210 generating Rs.42 million turnover.
NDB also saw over 0.3 million shares traded and closed Rs.1.50 down at Rs.122 while Seylan (non-voting) closed 40 cents up at Rs.29 on nearly 1.2 million shares done between Rs.27 and Rs.29.10.
Another banking stock that demonstrated some volume was Sampath where over 0.1 million shares were done between Rs.176 and Rs.178.90 gaining Rs.1.70 to close at Rs.178.50.
Brokers noted that Citrus Leisure had attracted interest this week while JKH saw over 0.3 million shares crossed at Rs.208 with a further 200,000 shares done on the floor at around the same value.
Distilleries too saw a crossing of 250,000 shares at Rs.145 while the counter closed Rs.2 up at Rs.145 with nearly 0.2 million shares traded on the floor between Rs.144 and Rs.145.
source - www.island.lk
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