NDB Daily Market Update 26 May 2015

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NDB Daily Market Update 26 May 2015 Empty NDB Daily Market Update 26 May 2015

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

Indices closed in red as a result of price losses in counters such as Carson Cumberbatch, Ceylinco Insurance and Nestle Lanka whilst turnover crossed Rs 1.1 Bn. High net worth and institutional investor participation was witnessed in Commercial Bank and Sampath Bank. Mixed interest was observed in Hatton National Bank and Softlogic Holdings whilst retail interest was noted in Seylan Bank - nonvoting, Textured Jersey Lanka and F L C Hydro Power. Meanwhile, foreigners remained active closing as net sellers mainly due to foreign selling in Commercial Bank.

Banks, Finance and Insurance sector was the top contributor to the market turnover (due to Commercial Bank, Sampath Bank, Hatton National Bank and Seylan Bank - nonvoting) whilst the sector index lost 0.17%. The share price of Commercial Bank decreased by Rs 0.10 (0.06%) closing at Rs 165.10 whilst foreign holdings decreased by 1,959,953 shares. The share price of Sampath Bank lost Rs 0.20 (0.07%) to close at Rs 267.20. The share price of Hatton National Bank moved up by Rs 0.90 (0.39%) to close at Rs 230.00. The share price of Seylan Bank - nonvoting recorded a gain of Rs 2.90 (3.76%) to close at Rs 80.00.
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Melissa Pereira

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