LOLC Securities Market Roundup 26 May 2015

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LOLC Securities Market Roundup 26 May 2015 Empty LOLC Securities Market Roundup 26 May 2015

Post  Melissa Pereira on Wed May 27, 2015 12:08 pm

Colombo bourse concluded the session on a negative note on Tuesday amid profit taking in selected stocks. The positive momentum in the morning session faltered in the mid-day pulling the index down to 7,261.78, with a drop of 22.98 points (-0.3%) while the S&P SL 20 index lost 16.01 points (-0.4%) to close at 4,037.81.

The negative sentiment was reflected in the broad market where out of the 262 counters traded, the losers outweigh the gainers 126 to 86. 50 counters remained unchanged. The cash-map weakened from 53% to 44%. Seven counters touched 52 week low prices today while five counters touched 52 week high price levels. Price deprecations in blue-chips such as Carsons Cumberbatch (LKR 410.00,-6.8%), Nestle Lanka (LKR 2,228.00,-1.0%) and Distilleries (LKR 276.50, -1.3%) affected the index performances.
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Melissa Pereira

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