After fluctuating within narrow range All Share Index managed to close 8.92 points higher at 3706.72 while Milanka index closed at 4269.18, up 29.61 points. Turnover was 1.51 billion rupees.
Top 5 percentage gainers.
·         The Fortress Resorts Plc (RHTL) gained 3.25 to end the day at Rs 18.50.
·         Arpico Finance Plc was up by 13.00 rupees to close at Rs 73.00.
·         Environmental Resources Investments Plc (GREG) closed at Rs 179.00, up Rs 30.25.
·         The Bukit Darah Plc gained 54.75 to close at Rs 3055.00.
·         Ceylon Hospitals Plc (Nonvoting) closed 10.50 higher at Rs 70.50.
Heavily traded stocks for the day.
·         Asia Capital Plc traded 34.4 million shares & closed 75 cents higher at Rs 10.25.
·         Seylan Merchant Bank Plc (Nonvoting) traded 20,850,000 shares & closed at Rs 1.30, up 10 cents.
·         Nawaloka Hospitals Plc traded 7,353,600 shares & closed 20 cents higher at Rs 3.30.
·         Dialog Telekom Plc traded 2,129,000 shares & closed unchanged at Rs 6.75.
·         3.8 million Shares of Renuka Agri Foods traded & closed unchanged at Rs 3.40.
Foreigners were net sellers for the day as Rs 408.3 million purchases & Rs 548.7 million sales. If foreign support will not come in big way within next few days there will be inevitable correction in the market as local investors alone can’t drive the market up for long run.   

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Filed under: Daily Stock Market Report

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