Indices dropped led by retail heavy counters. A sense of profit taking and cautious investing by retailers determined today’s sentiment. With this slight downturn we should expect plenty of bargains ahead. Nestle gathered steam today with investors expecting a final dividend. National Development Bank continued to gain ground with the XD arriving shortly.
ASI dipped 30.48 points (0.53%) to close at 5,705.20 and the S&P SL20 index lost 11.94 points (0.36%) to close at 3,281.63. Turnover was Rs. 403.2Mn.
Top contributors to turnover were Sampath Bank with Rs. 148.3Mn, National Development Bank with Rs. 27.7Mn and Asian Hotels & Properties with Rs. 27.3Mn. Most active counters for the day were Free Lanka Capital Holdings, Janashakthi Insurance and National Development Bank.
Notable gainers for the day were Nuwara Eliya Hotels up by 5.8% to close at Rs. 1,375.00, Free Lanka Capital Holdings up by 4.0% to close at Rs. 2.60 and Convenience Foods up by 3.7% to close at Rs. 145.00.
Notable losers for the day were Hatton National Bank non-voting down by 5.9% to close at Rs. 124.00, Lighthouse Hotel down by 5.1% to close at Rs. 45.00 and Renuka Agri down by 4.9% to close at Rs. 3.90.
Cash map for today was 58.79%. Foreign participation was 12.38% of total market turnover with net foreign inflow of Rs. 60.03Mn.
ASI dipped 30.48 points (0.53%) to close at 5,705.20 and the S&P SL20 index lost 11.94 points (0.36%) to close at 3,281.63. Turnover was Rs. 403.2Mn.
Top contributors to turnover were Sampath Bank with Rs. 148.3Mn, National Development Bank with Rs. 27.7Mn and Asian Hotels & Properties with Rs. 27.3Mn. Most active counters for the day were Free Lanka Capital Holdings, Janashakthi Insurance and National Development Bank.
Notable gainers for the day were Nuwara Eliya Hotels up by 5.8% to close at Rs. 1,375.00, Free Lanka Capital Holdings up by 4.0% to close at Rs. 2.60 and Convenience Foods up by 3.7% to close at Rs. 145.00.
Notable losers for the day were Hatton National Bank non-voting down by 5.9% to close at Rs. 124.00, Lighthouse Hotel down by 5.1% to close at Rs. 45.00 and Renuka Agri down by 4.9% to close at Rs. 3.90.
Cash map for today was 58.79%. Foreign participation was 12.38% of total market turnover with net foreign inflow of Rs. 60.03Mn.
No comments:
Post a Comment