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EXCHANGE RATE PREDICTION: 2022

Colombo's All Share Index, reached a seven month high Vote_lcap16%Colombo's All Share Index, reached a seven month high Vote_rcap 16% [ 43 ]
Colombo's All Share Index, reached a seven month high Vote_lcap21%Colombo's All Share Index, reached a seven month high Vote_rcap 21% [ 57 ]
Colombo's All Share Index, reached a seven month high Vote_lcap30%Colombo's All Share Index, reached a seven month high Vote_rcap 30% [ 83 ]
Colombo's All Share Index, reached a seven month high Vote_lcap34%Colombo's All Share Index, reached a seven month high Vote_rcap 34% [ 93 ]

Total Votes : 276

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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Colombo's All Share Index, reached a seven month high

Colombo's All Share Index, reached a seven month high

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Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Colombo's All Share Index, reached a seven month high on Tuesday on The Finance Company (TFC) share deals, analysts said.

The All Share index surged 108.92 points to close at 5,777.22 while TFC was among the major gainer today with the stock surging 35% to close at Rs 8.10. The day started with a strong opening and this rally was backed with high volumes, according to analysts.

The Milanka Index gained 110.89 points to close at 5,419.43. The day started with a strong opening and a rally mostly on low cap shares.

The S&P SL20 secured its highest gain since introduction as it surged 59 points at its close with major gains stemming from C T Holdings (+6.3%), Hatton National Bank (+5.7%), National Development Bank (+4.3%) and Aitken Spence (+3.2%). With considerable recent foreign interest in Commercial Bank Voting and Non-Voting, DFCC Bank and Pan Asia Bank, the banking sector players edged up, analysts said.

The turnover was at Rs 1.9 million. There was a net foreign inflow of at Rs 155.2 million. Among other major gainers were Hayleys Management Knitting. This stock was up 29.6% to close at Rs 16.20.

Several large trades were executed in Free Lanka Capital amongst which a large block of two million shares were seen transacting at Rs.3.20.

Retail play was also seen in Nations Lanka Finance, Laugfs Gas Voting and Non-Voting and Singer Finance.

People’s Leasing Company with significant foreign and local interest during recent times encountered several large trades on board whilst having gained 3.6% at its intra-day high, the counter closed at Rs. 4.
(DEC)
http://sundaytimes.lk/index.php?option=com_content&view=article&id=24163:colombos-all-share-index-reached-a-seven-month-high&catid=77:news&Itemid=563

2Colombo's All Share Index, reached a seven month high Empty Rocketing bourse gathers further momentum Thu Sep 13, 2012 11:49 pm

sriranga

sriranga
Co-Admin

Blue chips on upward trajectory

The Colombo bourse gathered further momentum yesterday with turnover topping Rs.1.9 billion, up from the previous day’s Rs.1.2 billion, with all indices gaining strongly – the All Share up 108.92 points (1.92%), the Milanka up 110.89 points (2.09%) and S&P up 66.06 points (2.15%) with 185 gainers strongly outpacing 63 losers while 58 counters closed flat.

Brokers said that the market was very positive with consistent buying in banking and conglomerate stocks with JKH heading the turnover league gaining Rs.4.10 to close at Rs.212.50 on floor trades of nearly 0.6 million shares done between Rs.209.80 and Rs.213. Additionally there was a crossing of 100,000 at Rs.213 generating a further Rs.21.3 million turnover.

Apart from JKH, Commercial Bank (voting) saw block trades of 750,000 shares at Rs.111.50 in a deal worth Rs.82.9 million and nearly 0.7 million Renuka Holdings at Rs.38 generating Rs.26. million.

Banking stocks in the most traded list included Commercial Bank (voting) up Rs.3.30 to Rs.112.50 on nearly 0.9 million shares, HNB up Rs.8.10 to Rs.158.50 on nearly 0.5 million shares, NTB up Rs.1.40 to Rs.62.50 on over a million shares, Seylan Bank (non-voting) up 90 cents to Rs.33.30 on over 1.4 million shares and HNB (non-voting) up Rs.8 to Rs.115 on nearly 0.3 million shares.

Ceylon Theatres Holdings, another conglomerate, gained Rs.10 to close at Rs.117 on over 0.3 million shares while brokers reported strong buying interest in Aitken Spence which closed Rs.4 up to Rs.130 on 0.1 million shares trading between Rs.126 and Rs.131.

"Some of the retail counters have slowed down already," a broker said. This was noticeable in the list of most traded stocks published in John Keells Stockbrokers website.

Among most traded retail stock, Nation Lanka Finance saw nearly 7.4 million shares done gaining Rs.2.10 to close at Rs.13.40, Laugfs (non-voting) up Rs.1.30 to Rs.21.60 on 23.6 million shares, Singer Finance up Rs.1.60 to close at Rs.15.70 on 3.1 million shares and Laugfs (voting) up Rs.1.50 to close at Rs.31.20 on over a million shares.

Institutions, high net worth investors and foreign buyers were focusing on blue chips and fundamentally strong counters, brokers said.

"NDB was Rs.120 two days ago," a broker said. ``Today it was Rs.130."

There was interest in tea growing plantations with rupee prices moving up and in some companies in the manufacturing sector, brokers said.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=61433

http://sharemarket-srilanka.blogspot.co.uk/

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