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Sri Lanka::
* Positive sentiment dominates Sri Lanka stock exchange
Thursday, July 10, 2008, 15:32 GMT, ColomboPage News Desk, Sri Lanka.

July 10, Colombo: Market moved ahead from where it stopped yesterday with uplifting in the sentiments today despite the island wide strike. All Share Price Index (ASPI) edged up 23.99 points to end the day at 2405.60 while Milanka Price Index (MPI) climbed 38.41 points to close at 2895.74 Turnover for the day stood lower again at Rs.137Mn levels.

The day’s only crossing was on ACL Cables Ltd. (ACL) with 591,300 shares switched hands at Rs.36 as the counter made the largest contribution of Rs.21.67 to day’s turnover after a total of 601,900 shares changed hands. In terms of volume, Valibel Power Erathna PLC (VPEL) led the list with 768,300 shares swapped within a price range of Rs.4.10 and Rs.4.30. Other highly traded stocks include Sierra Cables Ltd. (SIRA), Parquet (Ceylon) PLC (PARQ) and Nawaloka Hospitals PLC (NHL) with 674,400 shares, 307,100 shares and 268,300 shares respectively.

John Keells Holdings PLC (JKH), Hayleys PLC (HAYL), and Associated Motorways PLC (AMW) followed turnover wise with Rs.12.03Mn, Rs.8.55Mn and Rs.8.38Mn respectively. Today the price gainers outnumbered the price losers by 76 to 43. Foreigners were prominent on the buying side bringing the net inflow to Rs.17.47Mn.

Sri Lankan Daily News and Reports


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