Last few days market went up like crazy bull. And major contributors were retailers.So as I thought earlier most of retailers were in Money. They have started buying and they will push indexes to previous levels soon I guess.
But what do you guys think about these data.
ASPI : 6,845.38 up by 191.81 points (+2.88%)
MPI : 6,210.07 up by 131.94 points (+2.17%)
Daily Turnover : Rs. 3,145.00 million
Foreign Purchases : Rs. 174.51 million
Foreign Sales : Rs. 582.09 million
Net Foreign Inflow/ (Outflow) : Rs. (407.59) million
Best Performing Sector : Investment Trusts (+12.08%)
Worst Performing Sector : Motors (+1.03%)
ASPI : 6,653.57 up by 148.01 points (+2.28%)
MPI : 6,078.13 up by 134.22 points (+2.26%)
Daily Turnover : Rs. 1,492 million
Foreign Purchases : Rs. 38.81 million
Foreign Sales : Rs. 170.45 million
Net Foreign Inflow/ (Outflow) : Rs. (131.64) million
Best Performing Sector : Healthcare (+7.10%)
Worst Performing Sector : Oil Palm (+0.32%)
I think its fair if the market is more favorable for local retailers than foreigners. This looks like foreigners sucks
local retailers. Please correct me.