First Day Business Positive


First day of the business Sri Lanka Share Market show positive market trend. The main All Share Price Index was up 0.45 points (0.01 percent) to 6,074.87, while the more liquid Milanka index rose 10.76 points (0.21 percent) to 5,239.92. Total Turnover was 420 million rupees, according to stock exchange provisional figures.

Top Turnover
Commercial Bank once again topped the turnover with 601, 200 shares traded, including a crossing or off-market private deal of 550,000 shares at 100 rupees each.


Foreign investors have been selling out of the bank in recent weeks. It closed at 
101 rupees, up a rupee.

Trans Asia Hotels was the biggest loser of the day and third most actively traded stock, closing down 8.50 rupees or 11 percent at 71 rupees with 267,900 shares traded having hit a high of 72.50.

Udapussellawa Plantations was the second biggest loser, ending at 30.10 rupees, down 1.90.

York Arcade Holdings was the most actively traded stock, closing at 30.40 rupees, up 5.20 with 840,700 shares done.
Transactions in Hayleys also added to the turnover, with the stock closing at 390 rupees, up 15 rupees and 125,700 shares changing hands.
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