Turnover was Rs 275.7 million with a volume of 20.5 million shares traded and no large transactions. However the top-end shares that moved, even though in small quantities, led to gains in the indices.
The All Share gained by a negligible 0.20 per cent, the Milanka by 0.18 per cent and the S&P by just 0.18 per cent. Analysts said the rise, even though marginal, reflected hope in the market that Wednesday’s meeting at 3 pm would yield results in favour of boosting the market. There was no immediate information about the results of the meeting.
Last week President Mahinda Rajapaksa, during a meeting with brokers, investors, the Colombo Stock Exchange and the SEC, instructed Dr Jayasundera to call a meeting to discuss ways of resolving issues faced by brokers and investors like less credit restrictions among other matters.