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EXCHANGE RATE PREDICTION: 2022

Foreign fund buys Rs. 221 m of HNB non-voting shares Vote_lcap11%Foreign fund buys Rs. 221 m of HNB non-voting shares Vote_rcap 11% [ 21 ]
Foreign fund buys Rs. 221 m of HNB non-voting shares Vote_lcap20%Foreign fund buys Rs. 221 m of HNB non-voting shares Vote_rcap 20% [ 37 ]
Foreign fund buys Rs. 221 m of HNB non-voting shares Vote_lcap28%Foreign fund buys Rs. 221 m of HNB non-voting shares Vote_rcap 28% [ 52 ]
Foreign fund buys Rs. 221 m of HNB non-voting shares Vote_lcap40%Foreign fund buys Rs. 221 m of HNB non-voting shares Vote_rcap 40% [ 74 ]

Total Votes : 184

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Foreign fund buys Rs. 221 m of HNB non-voting shares

Foreign fund buys Rs. 221 m of HNB non-voting shares

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

A foreign fund yesterday picked up Rs. 221 million worth of HNB non-voting shares from locals, boosting net foreign inflow, which is nearing Rs. 24 billion year-to-date.

A block of 2.38 million non-voting shares of HNB was done at Rs. 93 each whilst the counter closed at Rs. 92.80, up by Rs. 2.80. The quantity amounted to 3% of HNB non-voting shares.

Major sellers were Bank of Ceylon and Indra Silva. Foreign interest on non-voting share also boosted sentiments on HNB’s voting stock, which gained by Rs. 3 to close at Rs. 144 though on thin volume of 7,346 shares.

Melstacorp was back in the market collecting available quantities of Aitken Spence as around half a million shares traded for Rs. 56 million, with 474,007 shares done at Rs. 115 each.

Apart from deals on HNB non-voting, related party transfers of stakes in Palm Garden, PCH Holdings and PC Pharma boosted CSE turnover to Rs. 914 million. However, overall investor sentiment remained depressed as indices suffered a double-digit dip.
http://www.ft.lk/2012/07/11/foreign-fund-buys-rs-221-m-of-hnb-non-voting-shares/

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