After one week of continuous gains, market declined today due to profit taking. ASI lost 26.10 points to close at 2120.63 while MPI lost 43.14 points to close at 2423.76.
Turnover was healthy at Rs 1.01 billion.
John Keells Holdings (JKH) lost 3.25 to close at Rs 109.75. NDB lost 2.25 to close at Rs115.00. Almost all blue chip stocks that made heavy gains last week declined today.
This kind of ups & downs are normal to any stock market & investors should see this as a buying opportunity.
Monday, May 25, 2009
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