Aug 29, 2013 (LBT) - Bourse reversed led by CTC, JKH and NEST: The benchmark indices reversed its direction on a positive note backed by the large caps, reminiscence of the downtrend led by the same counters. ASPI closed at 5,825.06 with a gain of 72 points. Gains recorded in Ceylon Tobacco Company (+2.6%), John Keells Holdings (+3.2%) and Nestle Lanka (+2.5%) positively impacted the market performances. S&P SL20 journeyed similarly with a gain of 55 points to close at 3,264.96.
Sampath Bank spearheaded the turnover: Sampath Bank topped the turnover led by a single off-board transaction of 500k shares which changed hands at LKR189.0. The counter witnessed noteworthy on-board interest supported by a single 89k share transaction at LKR189.0. SAMP recorded a notable intra-day gain of 5% and settled LKR189.0, followed by its sharp depreciation yesterday. John Keells Holdings too denoted off-board interest with a single crossing of 215k shares at LKR212.0. JKH ended the day on a positive note at LKR214.6 with a gain of 3.2%. People’s Leasing and Finance crossed a single 1.9mn share transaction at LKR14.4.
PLC denoted on-board interest: People’s leasing and Finance displayed notable on-board activity led by three transactions totaling 5mn shares at LKR14.4 in late trading. The counter settled the day with a marginal gain of 0.7% and ended at LKR14.4. Nestle Lanka too added noteworthy on-board turnover largely led by a single transaction of 10k shares at LKR2100.0. NEST ended at LKR2100.3 with a gain of 2.5%.
Retailers followed a cautious approach: Retailer activity was cautious and meagerly concentrated on Touchwood Investments and Nations Lanka Finance.