Wednesday, October 24, 2012

Bourse up slightly

The Colombo Stock Exchange barely lifted its head on Tuesday (23) with all three indices closing in positive territory with gainers slightly behind losers 107 to 110.

The All Share Price Index closed 0.05 percent higher gaining 2.88 points to 5,556.77 while the Milanka Price Index of more liquid stocks closed 0.03 percent higher at 5,091.56, up 1.47 points. The S&P SL20 closed at 3,013.57, 0.12 percent higher after gaining 3.55 points.

Turnover amounted to Rs. 972.6 million with a little more than 87.2 million shares changing hands during the day.

"The indices trended lower during the early hours of trading but recovered to end the day slightly higher, supported by renewed buying interest which resulted in gains in several large caps. Activity levels were boosted by crossings on GREG and JKH," John Keells Stockbrokers said.

Foreign purchases amounted to Rs. 750.29 million recording a net inflow of Rs. 139.02 million.

Year-to-date the bourse had fallen 8.52 percent.

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