LOLC Securities Market Watch: Daily 29 July 2015

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LOLC Securities Market Watch: Daily 29 July 2015

Post  Melissa Pereira on Thu Jul 30, 2015 10:04 am

Focus: Positive momentum continued to close the market with gains in indices. Big cap counters such as CTC, JKH and AEL contributed 26.01 points to lift the main index up. Today's turnover reached LKR 3.6 Bn mark underpinned by several crossings. CINS, highest contributor to the turnover recorded a single crossing at LKR 1602 while contributing LKR 1.9 Bn to the total turnover. Other crossings were recorded pertaining to BLI, JKH and LWL while total crossings represented 60% of the today's market turnover. Foreign investors were net buyers with net foreign buying mainly seen in CINS, JKH and AEL.

§ Bank Finance & Insurance sector contributed mostly to the market turnover while the sector index was up by 0.53%.

§ Foreign investors were in a buying sentiment, while the net foreign inflows amounted to LKR 1950 Mn.
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Melissa Pereira

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