Nov 07, 2013 (LBT) - Indices traded on a lackluster momentum: The market movements were lacklustre with very little movements in the indices. ASPI closed with a marginal dip of 7 points and ended at 5,906.18 near the technical 5,900 support line. Gains recorded in Dialog Axiata(+1.11%) and Nestle Lanka (+0.69%) and the price dips in DFCC Bank (-3.09%) and Commercial bank of Ceylon (-0.85%) held the ASPI in marginal grounds. S&PSL20 too followed the same trend and closed at 3254.89. Turnover levels were strong backed by off-board transactions adding 52% to daily turnover.
Crossings in JKH and UML: United Motors Lanka recorded a single crossing 2.3mn shares which changed hands at LKR108.0. The counter denoted minimal on board interest and ended at LKR109.0. John Keells Holdings too contributed to the crossings board by adding a single block of 195k shares at LKR223.0. On board interest on JKH was low and settled with a marginal loss at LKR223.8.
On board interest in SPEN and AEL: Aitken Spence spearheaded the on board turnover supported by many mid –sized block, the largest being 99k shares and settled at LKR113. Access Engineering continued to attract on board interest and it touched a 52 week high price (on board) of LKR23.0 at its close. Retail interest on selected counters: Retail investor interest was concentrated on Orient Garments, Touchwood Investments and PCH holdings.