Lanka Securities Market Round up 16 June 2015

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Lanka Securities Market Round up 16 June 2015 Empty Lanka Securities Market Round up 16 June 2015

Post  Melissa Pereira on Wed Jun 17, 2015 10:28 am

Colombo bourse ended in negative territory snapping two day gains on Tuesday amid price declined in index heavy counters. The main index lost 34.37 index points or -0.49% to end at a nearly 9-week low of 7,044.60 while S&P SL 20 index lost 15.90 points (-0.40%) to end at 3,911.06.

The decline was mainly driven by price depreciation in counters such as Nestle Lanka (closed at LKR 2,000.10, -6.1%), Hemas Holdings (closed at LKR 83.50, -0.6%) and DFCC Bank (closed at LKR 201.00, -2.7%).

Further the price declines in Ceylon Tobacco and John Keells Holdings were also affected adversely to the index performance. Ceylon Tobacco recorded a fresh 52wk low price and closed at LKR 907.00, -0.9% while JKH closed at LKR 193.20, -0.6%.

Please refer the link for more details-
http://www.lsl.lk/pdf/research/marketroundup.pdf

Melissa Pereira

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