NDB Daily Market Update 9 June 2015

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NDB Daily Market Update 9 June 2015 Empty NDB Daily Market Update 9 June 2015

Post  Melissa Pereira on Wed Jun 10, 2015 11:28 am

The price losses in counters such as Ceylon Tobacco Company, Nestle Lanka and Ceylinco Insurance resulted in indices closing in red whilst turnover crossed Rs 328 Mn. High net worth and institutional investor participation remained subdued for the day whilst mixed interest was observed in Sampath Bank, Lanka IOC and The Lanka Hospital Corporation. Retail interest was noted in Eastern Merchants, Swisstek and Three Acre Farms. Meanwhile, foreign activity was subdued with foreigners closing as net sellers.

Banks, Finance and Insurance sector was the top contributor to the market turnover (due to Sampath Bank) whilst the sector index lost 0.27%. The share price of Sampath Bank decreased by Rs 1.40 (0.54%) to close at Rs 258.00.

Manufacturing sector was the second highest contributor to the market turnover (due to Regnis Lanka) whilst the sector index increased by 0.52%. The share price of Regnis Lanka moved up by Rs 2.00 (1.56%) to close at Rs 130.00.

Lanka IOC, The Lanka Hospital Corporation and Accessm Engineering were also included amongst the top turnover contributors. The share price of Lanka IOC gained Rs 0.20 (0.66%) closing at Rs 30.50 whilst foreign holdings decreased by 635,523 shares. The share price of The Lanka Hospital Corporation recorded a gain of Rs 1.60 (3.53%) to close at Rs 46.90. The share price of Access Engineering closed flat at Rs 21.60.

Furthermore, Millennium Housing Developers announced a first & final dividend of Rs 0.275 per share.

Please refer the link for more details-

Melissa Pereira

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