Monday, December 21, 2009

Sri Lanka Stock Market hits another record high.


Colombo Stock Market continued its upward trend which was started last week. ASI closed at record high of 3234.28, up 45.46 points while MPI also closed at 3689.28, up 58.80 points. Turnover was 1.01 billion rupees.
Top five positive contributors for the day.
Aitken Spence Plc closed at Rs 1100.00, up 100 rupees.
Chevron lubricant Lanka Plc closed at Rs 146.00, up Rs 16.25.
Carsons closed at Rs 409.75, up Rs 19.75.
John Keells Holdings closed at Rs 162.25, up 1.75.
Distilleries Company of Sri Lanka Plc closed at Rs 105.25, up 3.25.

Top five negative contributors for the day.
 Tangerine Beach Hotels Plc lost 1.50 to close at Rs 66.50.
Asiri Hospitals Plc lost 25 cents to close at Rs 11.00.
Lion Brewery Ceylon Plc lost 1.50 to close at Rs 70.00.
Union Assurance lost 2.75 to close at Rs 92.00.
Central Finance lost 5.00 to close at Rs 305.00.
I still recommend Commercial Bank, DFCC & Distilleries as strong stocks to buy.
Posted by INVESTMENT ADVISOR at 3:45 PM
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