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Sri Lanka::
* Stagnant trading day at Sri Lanka’s stock exchange
Wednesday, June 25, 2008, 19:20 GMT, ColomboPage News Desk, Sri Lanka.

June 25, Colombo: Positive sentiments acquired during the former part of the week faded off today with the market having witnessed mixed sentiments. All Share Price Index (ASPI) marginally dipped by 1.41 points (0.06%) to close at 2479.92 while Milanka Price Index (MPI) shot up 5.33 points (0.18%) to end at 3009.96.

The turnover for the day registered at Rs.550.15Mn. Number of crossings made their impact on the market today. Hayleys PLC (HAYL) made five crossings with a collective pack of 2.5Mn and 0.88Mn shares having changed hands at Rs.130.00 and Rs.133.00 respectively. This counter also topped both volume and turnover lists with 2.75Mn shares and Rs.358.61Mn respectively. The share closed at Rs.133.75.

Conglomerate John Keells Holdings PLC (JKH) made a crossing with 0.5Mn shares having traded at Rs.112.00. This counter was traded between a price range of Rs.112.50 and Rs.112.00. Other notable contributions to the turnover were made by JKH, Aitken Spence PLC (SPEN) and Colombo Dockyard PLC (DOCK) with values of Rs.75.82Mn, Rs.12.92Mn and Rs.11.62Mn respectively. Next in line volume wise were counters Valibel Power Erathna PLC (VPEL), JKH and Dialog Telekom PLC (DIAL) with 2.02Mn, 0.68Mn and 0.37Mn shares respectively. Price losers outnumbered price gainers by 60 to 45. Foreign trade was significantly heavier on the selling side resulting in a net outflow of Rs.14.15Mn.

Sri Lankan Daily News and Reports


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