Lanka Securities Market Round up 18 June 2015

Melissa Pereira Fri Jun 19, 2015 9:49 am

Colombo equities witnessed positive returns on Thursday for the second consecutive day despite thin foreign investor activity. All Share index managed to bag 14.44 index points (+0.20%) to end at 7,064.15 while S&P SL20 index inclined by 9.57 index points or 0.24% to close at 3,924.33.

Price appreciations in high cap stocks such as John Keells Holdings (closed at LKR 198.50, +1.8%), Nestle Lanka (closed at LKR 2,030.00, +1.5%) and Sri Lanka Telecom (closed at LKR 46.00, +1.1%) contributed positively to the index performance.

Daily market turnover was LKR 566mn. DFCC Bank topped the turnover list with LKR 101mn underpinned by a single crossing of 0.1mn shares at LKR 200.00. Anilana Hotels & Properties and Ceylon Guardian Investment Trust were next best contributors to the turnover with LKR 62mn and LKR 61mn respectively.

Two crossings were recorded in Ceylon Guardian Investment Trust (0.2mn shares at LKR 185.00) and Adam Capital (8.9mn shares at LKR 2.80). Aggregate value of crossings represented 17% of the total turnover.

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