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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » SPEN crossing dominate bourse

SPEN crossing dominate bourse

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1SPEN crossing dominate bourse Empty SPEN crossing dominate bourse Wed Aug 29, 2012 1:27 am

UAEBOY

UAEBOY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
The broader market started the day in the green but saw the MPI dip into negative territory due to a drop in John Keells Holdings. However, positive sentiment across the board resulted in indicessoon recovering. Parcel trade on Aitken Spence boosted turnover levels while interest was seen in Distilleries and DFCC Bank. Meanwhile, Colombo Land and Citrus Leisure saw considerable retail activity. Diversified sector became the highest contributor to the market turnover (due to Aitken Spence) and the sector index gained 0.32%. The share price Aitken Spence increased by Rs 0.50 (0.45%) to close at Rs 111.50. Banking, Finance and Insurance sector emerged as the second highest contributor to the market turnover (due to DFCC Bank) and the sector index moved up by 0.29%. The share price of DFCC Bank appreciated by Rs 3.90 (3.39%) to close at Rs 119.00.
Colombo Land, Citrus Leisure and Distilleries were also seen among the top contributors for the day. The share price of Colombo Land gained Rs 2.30 (6.55%) to closed at Rs 37.40 while Citrus Leisure saw its share price sliding Rs 1.00 (3.14%) to close at Rs 30.80. The share price of Distilleries jumped Rs 4.00 (3.36%) to closed at Rs 123.00 Lanka Ceramics, Renuka Agri Foods, Renuka Holdinds and Coco Lanka declared final dividends of Rs 1.10, Rs 0.14, Rs0.70 and Rs 1.00 per share.

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