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Trading volume in December 2020 was 42Mn and prices rose to 1.50 without any Financial News.
Traded 18 times more in December 2021 than in December 2020 ( 2021 Dec - 851.23Mn), 1/3 of which (287Mn) was traded in one day (Dec 31). The main reason for this is that Industrial Asphalts (Ceylon) PLC (IAC) for and on behalf of the proposed Joint Venture between IAC and Hiin Holdings Ltd. (Hiin) has entered into a Memorandum of Understanding (MoU) with the ambHambantotaPort, (HIPG) to set up a Bitumen Tank Terminal.
In December 2021, nearly 851 million shares were traded, up 18 times from the previous December. Therefore, the share price of this bull market is more likely to trade between 1.90 -2.60.
Traded 18 times more in December 2021 than in December 2020 ( 2021 Dec - 851.23Mn), 1/3 of which (287Mn) was traded in one day (Dec 31). The main reason for this is that Industrial Asphalts (Ceylon) PLC (IAC) for and on behalf of the proposed Joint Venture between IAC and Hiin Holdings Ltd. (Hiin) has entered into a Memorandum of Understanding (MoU) with the ambHambantotaPort, (HIPG) to set up a Bitumen Tank Terminal.
In December 2021, nearly 851 million shares were traded, up 18 times from the previous December. Therefore, the share price of this bull market is more likely to trade between 1.90 -2.60.
