Monday, January 9, 2017

Colombo equities demonstrate positive investor sentiment yesterday

Colombo equities demonstrated positive investor sentiment. The Benchmark Index, ASPI closed the day at 6,155.52 points, gaining 2.50 points or +0.04%. This was mainly due to price gains in counters such as TJL.N (LKR45, +3.69%), HHL.N (LKR99.90, +1.94%), LLUB.N (LKR158, +1.94%), JKH.N (LKR141.40, +0.28%) & CTC.N (LKR812.70, +0.33%). The Blue Chip Index S&P SL20 also increased by 9.03 points or +0.3% to close at 3,471.28.

Foreigners took the position of net buyers for the day, recording a net foreign inflow of LKR 153mn for the day.

JKH.N recorded the highest turnover for the day of LKR280.6mn, followed by LLUB.N (LKR184.7mn) and NEST.N (LKR100.3mn).

The day saw turnover increase by 254.9% to LKR 844mn compared to the last trading day.

Diversified Holdings Sector managed to record the highest turnover of LKR 370 mn for the day, followed by the Manufacturing Sector and Beverage Food and Tobacco Sector with daily turnovers of LKR 224.7 mn and LKR110.9mn respectively.

Year to date ASPI Performance stood at -0.6%, while Year to date Blue Chip Index showed no change (0.0%).

Out of the 188 counters traded today, 56 companies declined while 66 companies closed higher. (SC Securities)

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