Nov 20, 2012 (LBT) - The All Share Price Index lost 69.98 points to close at 5,433.95 (-1.3%) while the Milanka Price Index lost 81.97 points to close at 5,004.58 (-1.6%). Total turnover for the day stood at LKR272.5 mn (USD2,091.8 k) vs. 12-months average daily turnover of LKR1,053.5 mn (USD8,088.3 k), whilst the volume traded for the day was 22,694 k against the 12-months average daily volume of 41,783 k.
Top contributory counters towards the turnover for the day were, Colombo Dockyard LKR22.3 mn (USD170.8 k, -0.5%), John Keells Hotels LKR17.8 mn (USD136.9 k, 0.7%), John Keells Holdings LKR16.4 mn (USD126.2 k, -1.4%), Chevron Lubricants Lanka LKR13.7 mn (USD104.9 k, 0.1%) and Hatton National Bank LKR11.9 mn (USD91.1 k, 2.1%).
Both the ASI and the MPI experienced a downward trend for the majority of the day’s trading with both indices shedding more than 1% of its index value. This also pushed the YTD performance of the Colombo bourse to negative 10.5%. A decline in prices of large cap counters such as Colombo Dockyard which was the highest contributor to the day’s turnover as well as John Keells Holdings dragged down the indices in the absence of any sustained retail investor participation. The limited retail interest was concentrated in counters such as SMB Leasing, Browns Investments & Blue Diamonds (Non-Voting). No crossings were recorded during the course of the day.
Foreign purchases amounted to LKR79.1 mn (USD607.1 k), whilst foreign sales amounted to LKR3.6 mn (USD27.4 k). This resulted in a net foreign inflow of LKR75.5 mn being recorded at the end of the day’s trading. Market capitalization stood at LKR 2,086.2 bn. YTD performance is -10.5%.