Colombo Market started trading higher but later it was little bit reversed when profit taking starts at the middle of the day. The benchmark ASI slipped 10.58 points to close at 3509.36 but MPI closed 16.26 points higher to close at 4041.32. Today there was massive turnover amounted to 5.99 billion rupees.
Larger crossings (Negotiated Deals) in John Keells Holdings pushed the turnover higher. Over 26.9 million shares of JKH traded & closed the day 50 cents lower at Rs 179.50. Meanwhile 2,287,300 shares of Keells Hotels Plc traded within the price range of Rs 26.00 to 27.75 & closed Rs 1.25 higher at Rs 27.25. Commercial Bank (COMB) gained four rupees to end the day at Rs 197.00. Distilleries Company of Sri Lanka closed at Rs 116.50, up 2.50.
Taj Lanka Hotel was up by 3.75 to close at Rs 30.50 while Tangerine Beach Hotels Plc closed at Rs 69.25, up 1.25.
The Bukit Darah Plc was the day’s biggest loser with dip of Rs 265.75 to close at Rs 2998.00. Colombo Dockyard lost 3.75 to close at Rs 288.25. Sri Lanka Telecom was down by 75 cents to close at Rs 43.25 while Sri Lanka’s largest mobile operator Dialog Telekom Plc closed unchanged at seven rupees.
Foreign purchases were amounted 4.61 billion rupees while sales amounted to 5.03 billion rupees.
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