Sri Lanka - Colombo Stock Exchange now at Record high levels. Up by 19.16%

April 13, 2010 - PRLog -- 12/04/2010 – Colombo Stock Exchange reported a further gain today which is being the first day after the end of General Elections held on 08/04/2010 to elect the 14th parliament of Sri Lanka. This is the first general election held in this tiny beautiful country which is producing world famous “Ceylon Tea” after the end of 30 year old civil war. The ruling UPFA Government record a landslide victory at the polls.

ASI was up by 19.16 points to close at its history best 3958.78 & the more liquid Milanka price index was up by 17.57 points to close at 4542.56.

Turnover for the day was healthy Rs 1.7 b.n. which is supported by retail investors, high net worth individuals & institutional investors.

Foreigner’s participation was at moderate levels.  Foreigners purchased shares to the value of Rs 523m.n. & sold Rs 663m.n. worth of shares reflecting a net outflow of Rs 140m.n.

Construction & Energy sector rose by 4.62% due to the price increase in Dockyard, Kapila heavy & Lankem Development shares, followed by Power & Energy sector.

The worst performing sector for the day was Investment Trust sector, due to the price decline in Environmental Resources Investment Company.

There were 93 positive gainers as against 45 negative contributors.

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