Colombo All Share Index closed 3.15 points lower at 3770.40 while Milanka Price Index lost 16.31 points to close at 4315.20.  Toda’s total equity turnover was amounted to 799.6 million rupees.
Illiquid Watapota Investments Plc was up by 100 rupees to close at Rs 1000.00 on mere 100 shares. Ceylon Tea Services Plc gained Rs 82.75 to close at Rs 530.00. Ceylon Cold Stores Plc the markers of Elephant Brand soft drinks closed at Rs 183, up eighteen rupees. AVIVA NDB Insurance Plc (Formally Eagle Insurance Plc) closed the day 10.25 higher at Rs 220.00. Commercial Bank of Ceylon Plc gained four rupees to end the day at Rs 197.75.
Aitken Spence Plc lost Rs 29.75 on 200 shares to close at Rs 1270.00. Ceylon Leather Products Plc the makers of DI brand footwear closed 4.75 lower at Rs 87.00. Distilleries Company of Sri Lanka lost two rupees to close at Rs 115.00. Environmental Resources Investments Plc which was continuously gained in past few days lost 5.75 to close at Rs 233.50.
Investors are adjusting their portfolios by selling overvalued stocks while buying undervalued midcap stocks. Foreigners were net sellers with Rs 31.8 million purchases & Rs 57.3 million sales.

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Filed under: Daily Stock Market Report

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