Wednesday, April 18, 2012

Holiday mood lingers on bourse

The holiday mood continued to linger on the Colombo bourse yesterday when a low turnover of Rs.442 million, up from the previous day’s Rs.206 million, was posted with both indices moving down – the All Share by 21.22 points (0.39%) and the Milanka by 17.73 points (0.36%) with 72 gainers trailing 103 losers.

 Nearly half the day’s turnover was contributed by JKH where over a million shares were traded including crossings of over 0.3 million shares at prices of Rs.209.40 and Rs.209.50 generating a business volume of Rs. 216.5 – the bulk of it from transactions on the trading floor.

JKH closed at Rs.209.40, down 40 cents from its previous close, with the counter traded between Rs.209.40 and Rs.209.50.

Other turnover generators yesterday included Ceylon Tobacco where 50,000 shares were crossed at a price of Rs.600 while 40,510 shares were done on the market between Rs.599.80 and Rs.600 gaining Rs.3 to close at Rs.595.10 contributing Rs.24.3 million to the day’s turnover on the floor trades.

Hayleys closed Rs.3.90 down to Rs.360.10 with 36,500 shares traded between Rs.360 and Rs.360.10 while HNB (non-voting) gained Rs.1.30 to close at Rs.96.50 on over 0.1 million shares done between Rs.95.90 and Rs.97.

The Colombo Stock Exchange announced that Taprobane Holdings will be listing approximately 0.73 million shares by way of an introduction with details to be released shortly.

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