CSE Market Report – 08-07-2009.

Asian stocks continued their week long fall today, most markets down 2% or more as more negative news coming in from world economy. Japan Nikkei 225 lost 2.4%.

Colombo ASI & MPI both lost 15 points each to close at 2376.22 & 266719 respectively. Turnover was Rs 172.7 million.

Ceylinco Insurance gained 14.75 to close at Rs 200.00. Plantation related stocks improved little bit with retail interest.

Eagle Insurance lost eleven rupees to close at Rs 140.00. John Keells Holdings was down by one rupee to end at Rs 132.50. Samapth Bank ended the day three rupees lower at Rs 106.00.

Foreign funds are not willing to invest in equities in big way due to unclear economic environment around the globe.

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Filed under: Daily Market Report

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