Nothing will go up always.
Wednesday, July 7th, 2010 at
4:47 pm
The negativity prevailed throughout the trading day. Investors (new comers) should understand that they have to face ups & downs when they trade stocks. Colombo ASI fell 76.40 points or 1.68% to close at 4470.78 while Milanka index also lost 96.62 points (1.88%) to end the day at 5033.41. Todays turnover was 2.14 billion rupees.
Top contributors for today’s market fall.
Dialog Telekom lost 25 cents to close at Rs 9.25.
Bukit Darah Plc was down by 160.00 to close at Rs 4000.00.
Commercial Bank of Ceylon Plc closed four rupees lower at Rs 178.00.
DFCC dipped ten rupees to close at Rs 246.50.
John Keells Holdings Plc lost two rupees to close at Rs 199.00.
Total of 161 companies lost their value & only 12 companies managed to gain their value. Diesel & Motor Engineering Plc was up by 16.25 to close at Rs 717.50 while Asiri Central Hospitals gained 6.75 to end the day at Rs 156.75.
Meanwhile Forbs Plantations (Pvt) Ltd which holds 83.6% of the stated capital of Kahawatte Plantations Plc has informed the Company that out of its right entitlement of 16,697,043, its has sold 15,697,000 rights today at Rs 2/- per right, of which 15,553,600 rights had been purchased by Ceylon Tea Services Plc.
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Filed under: Colombo Stock Market • daily
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