LOLC Securities Market Watch: Daily 29 June 2015

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LOLC Securities Market Watch: Daily 29 June 2015 Empty LOLC Securities Market Watch: Daily 29 June 2015

Post  Melissa Pereira on Tue Jun 30, 2015 10:13 am

Focus: Market turned back to positive side after a red end on last Friday, welcoming the announcement of the general election. ASPI and S&P SL 20 gained 16 points and 11 points respectively. DIAL, SLTL and AEL were the main contributors to the index performance while gainers surpassed losers 68 to 56. 3 crossings were recorded for the day pertaining to SPEN and CARG while total crossings contributed 20% of the turnover. LGL became the highest contributor to the turnover while price of the counter closed at LKR 39.00. Foreign investors were net buyers with foreign buying mainly witnessed in LGL and COCR. Retail investor interest was witnessed in AEL and VFIN with prices appreciated by 3.54% and 0.49%.

§ Bank Finance & Insurance sector contributed mostly to the market turnover while the sector index was up by 0.15%.

§ Foreign investors were in a buying sentiment, while the net foreign inflows amounted to LKR 27 Mn.
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Melissa Pereira

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