Wednesday, February 17, 2010

Huge gains in selected stocks pushed the Colombo indices higher.


Speculators chased on few stocks such as Environmental Resources Investments Plc (GREG) & MTD Walkers Plc. ASI was up by 30.08 to close at 3721.12 while MPI closed at 4269.25, up 75.5 points. Turnover was 1.69 billion rupees.
High gainers for the day.
1.       Environmental Resources Investments Plc closed at Rs 246.00, up Rs 52.25.
2.       MTD Walkers Plc closed at Rs 407.50, up 92.50.
3.       Aitken Spence Plc was up by twenty rupees to end the day at Rs 1250.00.
4.       Touchwood Investment Plc closed 13.75 higher at Rs 132.50.
5.       Sampath Bank was up by Rs 8.00 to close at Rs 220.25
Top five losers for the day.
1.       Ceylon Tea Services Plc lost 49.75 to close at Rs 400.00.
2.       Sunshine Holdings Plc was down by Rs 35.00 to close at Rs 800.00.
3.       Kandy Hotels Company (1938) Plc closed at Rs 99.25, down 10.75.
4.       Ceylon Guardian Investment Trust Plc was down by six rupees to close at Rs 458.00.
5.       First Capital Holdings Plc lost 5.75 to close the day at Rs 79.25.
 Distilleries Company of Sri Lanka Plc closed 1.25 higher at Rs 117.00 & over 1.5 million shares traded during the day.  Trades in GREG ordinary shares have contributed Rs 275.4 million for today’s total equity turnover.
Foreign sales exceeded the purchases by Rs 41.8 million.
Posted by INVESTMENT ADVISOR at 4:09 PM
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