Colombo bourse turnover was boosted by huge transaction in Hatton National Bank.

Two US based funds sold their Holdings in Hatton National Bank (HNB) to SL Government controlled institutions. More than 25 million shares of HNB traded during the day & closed 25 cents lower at Rs 180.25. Today’s turnover was Rs 5.71 billion.

ASI reported gain of 7.71 points to close at 3730.43 while more liquid Milanka Index closed 16.45 points higher at 4337.05

Commercial Bank of Ceylon Plc also traded in large quantities but closed unchanged at Rs 195.00. Lake House Printers & Publishers Plc was up by 10.50 to close at Rs 81.50. Sathosa Motors Plc gained 12 rupees to close at 143.00.

Environmental Resources Holdings Plc dipped by 13.00 to end the day at Rs 241.50. Elpitiya Plantations Plc slipped 10.00 to close at Rs 33.75. Aitken Spence Plc was down by Rs 7.75 to close at Rs 1378.25. Colombo Dockyard Plc closed 3.25 lower at Rs 284.50.

Market has experienced huge foreign outflow with 465.4 million purchases & their sales amounted to massive Rs 5.22 billion mainly due to foreign sell off in HNB shares.