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Sri Lanka::
* Bluechip driven trading day at CSE
Thursday, July 31, 2008, 15:00 GMT, ColomboPage News Desk, Sri Lanka.

July 31, Colombo: It was the conclusion of yet another positive grounded day to end the month of July. All Share Price Index (ASPI) edged up by 34.27 points (1.41%) to close the day at 2463.41 while the more liquid Milanka Price Index (MPI) witnessed a considerable boost of 53.94 points (1.86%) to end at 2955.43

Turnover for the day touched Rs.506.98Mn. Today was an eventful day marked by several crossings. Conglomerate John Keells Holdings PLC (JKH) made 2 block deals with a collective parcel of 996,300 been traded at Rs.100.00. United Motors Lanka PLC (UML) also made a block deal amounting to 1,153,400 shares having changed hands at Rs.62.00. In addition, Distilleries Company of Sri Lanka PLC (DIST) recorded another 2 crossings with 350,000 and 835,000 shares having traded at Rs.87.50 and Rs.90.00 respectively. This counter was also the highest contributor turnover wise with Rs.113.88Mn.

UML topped the volume list attracting high investor interest with trades amounting to 1.39Mn. The counter closed at Rs.61.50. Next in line volume wise were DIST, JKH and ACL Cables Ltd. (ACL) with 1.28Mn, 1.12MN and 1.10MN shares respectively. Other contributors to turnover were JKH, UML and Associated Motorways PLC (AMW) with Rs.112.44Mn, Rs.85.89Mn and Rs.43.57Mn respectively. Price gainers outnumbered price losers by 81 to 35. Foreign trade was heavier on the purchasing side to bring in a net inflow of Rs.270.25Mn.

Sri Lankan Daily News and Reports


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