JKH Lead the Way on Colombo Stock Exchange
After steady climb Colombo main stock index ASI closed 112.46 points or 2.12 percent higher at 5420.97 while Milanka Index closed at 4733.16, up 132.53 points. Blue Chip John Keells Holdings Plc (JKH) gained 7.40 to close at Rs 173.90. More than 1.3 million JKH shares changed hands during the day. Total market turnover amounted to 1.52 billion rupees.
1,568,500 shares of Commercial Bank of Ceylon traded and closed 10 cents higher at Rs 100.10 while Sri Lanka Telecom was up by one rupee to end the day at Rs 48.90. Union Bank closed at Rs 18.00. up 1.10. Environmental Resources Investments Plc (GREG) also traded heavily and closed 2.70 higher at Rs 22.10. Hotel Sigiriya was up by 8.50 to close at Rs 73.80. Keells Foods Products Plc gained twenty rupees to close at Rs 92.00.
Distilleries Company of Sri Lanka Plc lost 2.10 to close at Rs 126.60. HDFC closed at Rs 1050.00, down thirty rupees.
Net foreign inflow of Rs 448,899,380.00 recorded for the day. Sri Lanka Rupee/USD exchange rate is stabilising around Rs 118/119 level after hitting 120.90 last week.
Access Engineering Limited is offering 20 million shares at Rs 25.00 per share to the public. Access Engineering IPO will open their subscription list on 6th March 2012.Tags: Colombo Stock Exchange, cse, daily, IPO
Filed under: Daily Stock Market Report
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