The ASI ended 1.7 percent or 104 points down at 5,893, while the more liquid MPI ended 1.8 percent or 96 points down at 5,135. Market is currently trading at PE ratio of 15.3.
Total turnover for the week was 2,556 million Sri Lanka rupees , Compare with the last weeks turnover (4,168 million) this is a reduction of 39%. Total volume traded for the week was 696 million shares.
Foreign purchases increased to RS 696 million from Rs 344 million, this is an increase of 103%. GREG w002, w006, and w003 were the top losers for this week.
Analyst Said that Everybody is awaiting for the outcome of the crucial SEC meeting on Tuesday 20thwhen a lot of good things are expected to happen, An announcement from Central Bank regarding removal of ceiling on lending against listed securities which is a greater market moving news could be expected in the next few days..
Last edited by rijayasooriya on Sat Dec 17, 2011 10:10 am; edited 1 time in total (Reason for editing : title shortened.)