The ASPI declined marginally due to number of declines (87) outweighing the number of advances (58) Price dips in stocks such as Hemas Holdings, Commercial Bank of Ceylon, Distilleries Company of Sri Lanka, LOLC Finance and Property Development weighed on the index. The day’s total turnover was recorded at moderate levels to which John Keells Holdings (Voting) contributed the majority (48% of total turnover). A crossing was recorded in Textured Jersey Lanka. Foreign investors were net buyers during the day. The All Share Price Index lost 2.3 points to close at 6,550.5 (-0.0%), while the S&P SL20 Index lost 10.9 points to close at 3,425.6(-0.3%). Total turnover for the day stood at LKR 700.3mn (USD 4,751.4k) vs. 12-months average daily turnover of LKR 1,030.3mn (USD 6,990.6k), whilst the volume traded for the day was 16,223.0k against the 12- month average daily volume of 39,480k. · Top contributory counters towards the day’s turnover were John Keells Holdings (Voting) LKR 337.1mn (USD 2,287.0k, 0.0%), Hatton National Bank (Voting) LKR 80.1mn (USD 543.1k, 0.0%), Textured Jersey Lanka LKR 45.1mn (USD 305.8k, -1.2%), National Development Bank LKR 22.5mn (USD 152.6k, -1.1%), Distilleries Company of Sri Lanka LKR 20.9mn (USD 141.9k, -0.9%). Foreign purchases amounted to LKR 422.5mn (USD 2,866.3k), whilst foreign sales amounted to LKR 372.7mn (USD 2,528.8k). This resulted in a net foreign inflow of LKR 49.7mn being recorded at the end of the day’s trading
Asian shares were down on Tuesday and were on track for a monthly loss, according to foreign media reports. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat in early trading, ending more than 2 percent lower for the month while Japan’s Nikkei 225 was also down 0.3 percent. It was up 2 percent for May. In South Korea, the Kospi was mostly unchanged as well.Australia’s ASX 200 was 0.62 percent lower in early morning trade. (08.00A.M)
In Oil – There was no Monday settlement for U.S. crude futures because of a U.S holiday. In early Asian trade, it was up 0.3 percent at USD49.50. Brent crude futures LCOc1 settled up 44 cents at USD49.76 a barrel. (08.00A.M)
No comments:
Post a Comment