Lanka Securities Market Round up 1 Septemeber 2015
Lanka Securities Market Round up 1 Septemeber 2015
Today’s losses were mainly driven by price declines in primary blue chips such as DFCC Bank (closed at LKR 190.00, -2.5%), Commercial Bank (closed at LKR 173.00, -0.6%) and John Keells Holdings (closed at LKR 180.00, -0.3%).
Daily market turnover reached LKR 732mn underpinned by hefty crossings recorded in Ceylon Hotels Corporation where 10mn shares changed hands at LKR 30.00 per share. The crossing accounted for 41% of the market turnover. Further Ceylon Hotels Corporation positioned at the top of the turnover list with LKR 301mn followed by Janashakthi Insurance (LKR 37mn), Kahawatte Plantation (LKR 33mn) and George Steuart Finance (LKR 21mn).
Gainers surpassed the losers 104 to 92 while 55 counters remained unchanged. Laxapana Batteries (LKR 8.30) and Kalamazoo Systems (LKR 1,697.90) recorded fresh 52wk high prices while Malwatte Valley Plantations (LKR 3.50), Blue Diamonds Jewellery non-voting (LKR 0.50), Lucky Lanka Milk Processing Company non-voting (LKR 1.80), The Finance non-voting (LKR 4.80), Serendib Engineering Group (LKR 12.00) and Udapussellawa Plantations (LKR 25.30) recorded 52wk low prices. Cash map marginally inclined from 52% to 53%.
Moreover shares of George Steuart Finance, Seylan Developments, Lanka IOC, Textured Jersey and The Kingsbury Hotel were traded actively during the session.
Further, Mackwoods Energy (closed at LKR 6.10, +3.4%) and Bukit Darah (closed at LKR 673.90, +3.7%) advanced during the session subsequent to the dividends declared yesterday.
Foreign investors turned to be net sellers with a net outflow of LKR 96mn. Foreign
participation recorded a 2-week low of 9%. Net foreign outflows were seen in Kahawatte Plantation (LKR 33mn), Laugfs Gas (LKR 21mn) and Hatton National Bank non-voting (LKR 12mn) while net foreign inflow was mainly seen in Textured Jersey (LKR 8mn).
Melissa Pereira- Posts : 467
Reputation : 0
» Lanka Securities Market Round up 6 July 2015
» Lanka Securities Market Round up 7 July 2015
» Lanka Securities Market Round up 31 August 2015
» Lanka Securities Market Round up 24 August 2015
|
|