Colombo ASI lost 35.17 points or 0.77% to close at 4558.48 while more liquid MPI lost 7.53 points to end the day at 5140.28.Today’s total equity turnover was amounted to 1.18 billion rupees. Shares in almost all the sectors except plantation sector declined today including highly capitalized blue chips.   
Dialog Telekom Plc lost 25 cents to close at Rs 9.50 while John Keells Holdings Plc was down by Rs 2.75 to close at Rs 201.75. Colombo Dockyard Plc lost 7.25 to close at Rs 262.75. The monopolistic tobacco company Ceylon Tobacco Plc was dipped by 5.25 to end the day at Rs 305.00.
105 companies reported price declines today while only 47 companies managed to gain their value. The plantation sector companies reported improvement today. Watawala Plantations Plc gained 3.50 to close at Rs 231.50 while Udapusellawa Plantation Plc closed at Rs 39.50, up 2.25. Kahawatte Plantations Plc closed at Rs 34.00, up 2.25. Balangoda Plantation was up by four rupees to close at Rs 42.00.
Meanwhile the latest IPO ODEL was oversubscribed today & closed at 4.30 PM. ODEL issued 16.7 million shares at Rs 15/- per share to the public.

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Filed under: Colombo Stock Market • daily • IPO

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