Colombo Stock Market Report – 02-07-2009.

After last month Bull Run technical correction in stock prices still going on. ASI closed marginally lower at 2408.91(-9.82) while Milanka index was down by 4.99 points to close at 2709.57. However turnover was still healthy at Rs 341.6 million.

Mercantile Sipping the only listed shipping company gained two rupees to close at Rs 103.00. Lanka Orix Leasing Company added three rupees to its value and closed at Rs 104.00. National Development Bank was up by 1.50 to close at Rs 155.00.

Aitken Spence PLC which was gained heavily last month lost 8 rupees today to close at Rs 640.00. Tokyo Cements also lost eight rupees to close at Rs 152.00. Eagle insurance PLC closed Rs 5.00 lower at 140.00 rupees.

Investors are waiting for fresh news from economic front to kick start another Bull Run.

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Filed under: CSE Daily Stock Market Report

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