Wednesday, December 16, 2009
Colombo shares up! Turnover exceeds Rs 5 Billion.
With large negotiated transaction in John Keells Holdings Plc, turnover was sky rocketed to Rs 5.2 billion rupees. ASI ended the day 12.49 points higher at 3089.45 while MPI closed almost unchanged at 3501.98.
Over 29 million shares of JKH traded & closed one rupee higher at Rs 160.25. The other significant contribution (Rs 203.8 million) was received from Commercial Bank of Ceylon Plc (COMB). COMB closed at Rs 177.00, up two rupees.
Aitken Spence Plc was up by 24.50 to close at Rs 925.00 while its subsidiary company Aitken Spence Hotel Holding Plc closed at Rs 250.50, up Rs 6.50. National Development Bank was up by Rs 4.25 to close at 192.00 while Sampath Bank closed Rs 3.50 higher at Rs 192.50.
MTD Walkers Plc lost 4.75 to close at Rs 131.25. Watwala Plantations Plc lost two rupees to end the day at Rs 80.50. Index heavy Dialog Telekom was down by 25 cents to close at Rs 6.25 while Sri Lanka’s largest alcohol producer Distilleries Company of Sri Lanka Plc lost 50 cents to close at Rs 96.75.
There were total of 87 gainers & 32 losers recorded during the day. Foreign investors were net buyers with Rs 4.7 billion purchases & Rs 2.3 billion sales.
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2 comments:
Can someone help?
I came across your blog today, and in particular an article written on 19th October, 2009 about foreigners being able to invest directly, by themselves in the Indian equity market, through online brokers.
Can someone please give me more information about online brokers offering these facilities?
Until reading that article, I had been under the impression that non-Indian individuals were barred from making direct investments into the Indian stock market.
Many thanks,
david-uk
Hi david,
It is very difficult to start investing in Indian Stocks by nonresident foreigners. You have to follow strict regulations. Try to contact an advisor from sharekhan.com.
I am Sri Lankan so I can tell you it is very easy to start investing in Colombo Stock Market. It is fully opened for foreigners. Sorry for going off topic.
Chamil
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