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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Penny stocks uplift bourse

Penny stocks uplift bourse

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1Penny stocks uplift bourse Empty Penny stocks uplift bourse Mon Jul 13, 2015 9:22 am

Melissa Pereira


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

The bourse led by penny stocks made pyrrhic gains on low volumes and turnover at Friday's trading, where gainers outnumbered losers by a ratio of 121 to 49.

On a Rs 602.16 million turnover and 31.94 million share volume (SV), the benchmark ASPI increased by 0.53% to 6,984.12 points and the more sensitive S&P SL 20 Index by 1.18% to 3,916.23 points.


The largest player, both in terms of contribution to turnover and SV was Dialog, the market's fifth largest capitalized stock which contributed to 12.92% of market's turnover with
Rs 77.81 million and 23.61% to Friday's SV with 7.54 million.

Courtesy: Ceylon Financial Times 12 June 2015

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