ASI was up by 1.58 points to close at 2524.62 while more liquid Milanka index (MPI) gained 3.39 to close at 2843.49. Turnover was at Rs 333.6 million.

Ceylon Tobacco up by four rupees to end the day at Rs 155.00 but on low volume. Eagle Insurance, subsidiary of AVIVA international closed Rs 10.00 higher at 169.00 rupees.
Highly diversified Blue Chip JKH closed the day 75 cents higher at Rs 134.25.

Most of Hotel sector shares lost today due to profit taking by investors on recent gains. Hotel Sigiriya Plc lost 4.25 to close at Rs 63.25. Browns Beach Hotels Plc closed the day Rs 2.50 lower at 69 rupees. Royal Palms Beach Hotels Plc also shed 2.50 to close at Rs 65.50.

There were 57 losers & 40 gainers during the trading session. There were net foreign outflow as foreigners bought Rs 117.6 million worth of stocks & sold stocks valued at Rs 131.4 million.

Meanwhile Sri Lanka’s Central Bank announced county’s foreign is gong to rise to $ 3 billion with recent local bond purchase ($875 Million) by foreign investors.

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Filed under: Daily Market Report

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