Gains in Hemas Holdings Plc (HHL) & John Keells Holdings Plc (JKH) pushed the ASI to 4250.99, up 24.5 points while MPI which represent more liquid stocks closed 39.57 points higher at 4761.35. Turnover was 1.09 billion rupees.
HHL has announced a share split of 5 for 1 & closed the day Rs 10.75 higher at 148.25 while JKH closed at Rs 180.00, up 2.50. Confifi Hotel Holdings made an extra ordinary gain of Rs 101.00 to close at Rs 318.00. There was huge demand for hotel sector stocks during the day.  Trans Asia Hotels Plc was up by 15.00 to close at Rs 240.00 while Sigiriya Village Hotels Plc closed at Rs 68.50, up 7.75.
Total of 84 companies made gains while 53 stocks lost their value during the day. Hayleys Plc was down by 7.75 to close at Rs 294.25 while Lanka Orix Leasing Company Plc (LOLC) lost 11.50 to end the day at Rs 265.25.
Foreign investors bought Rs 73.09 million worth of stocks & sold stocks valued at Rs 139.86 million.
Colombo Stock Exchange Negombo branch is going to conduct an Investor Education seminar series on 4th, 11th & 18th of June 2010. You can get more information by calling Tel No – 031-2227859/61. It will cost you only Rs 300/-. The seminar will be conducted in Sinhala Language. If you are residing around Negombo don’t forget to participate.
Colombo Stock Exchange will be closed for trading on 27th & 28th May 2010 due to Vesak Poya (A Buddhist Religious Holiday).

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Filed under: CSE Daily Stock Market Report

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