Navara Daily Market Insights 17th June 2015

Melissa Pereira Fri Jun 19, 2015 9:46 am

Colombo Stock Exchange traded on a positive note with All Share Price
Index closing 5.11 higher at 7,049.71, 0.07% up while S&P SL20 closed 3.70 higher to close at 3,914.76, 0.09% up.

Daily turnover crossed Rs.2bn mark to Rs.2.13bn, a significant improvement of 148% compared to previous trading day. Highest contributions to the turnover came from Anilana Hotels & Properties PLC, Nation Lanka Finance PLC and Laughs Gas PLC with Rs.157mn, Rs.56mn and Rs.53mn turnover respectively.

Overall, Market was dominated by local investors with participating to 82% of the turnover. However locals were net buyers, while foreigners were net sellers of Rs.787mn worth of shares. The aggregate value of all off-the-floor deals represented 61% of the daily turnover with three quantities of three companies recorded block trades during the day.

John Keels Holdings PLC quantity worth of Rs.963mn changed hands at Rs.194.00 per share while a quantity worth of Rs.312mn of Nation Lanka Finance PLC crossed hands at Rs.4.00 per share. Moreover, Nestle Lanka PLC crossed hands at Rs.2050.00 per share with a quantity worth of 41mn.

Retail interest was upon Anilana Hotels & Properties PLC and LB Finance PLC with recording highest number of trades of 439 and 235 trades respectively.

Please refer the link for more details -http://www.navarasecurities.lk/downloads/Reports/Daily%20Market%20Insights%2017th.%20June%202015.pdf