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Follow on Google News | Sri Lanka - Colombo Shares now at all time high levels. Benchmark index @ record 4015 levels.Sri lanka stock picks site has been developed to give first hand information with regard to share trading opportunities available for investors who do not like go through lengthy research reports, calculations
By: sri lanka stock picks Political stability created after the recently concluded General Elections in the country is one of another reason for the improved performance of the Colombo Stock Exchange. All Share Price Index was up by 48.49% points to close at 4015.36 & the more liquid Millanka Price Index was up by 58.36% to close at 4576.10. Turnover for the day was Rs 1.7b.n. Supported by retail investors, high net worth investors & institutional investors. The Hotels & Travels sector was the leading sector with a growth of 3.98% due to the price appreciation of all most all the hotel company shares, followed by the Motors sector. Plantation sector was the leading in the negative performer’s sector list with a marginal drop of 0.71%. John Keels Hotels (unit of John Keels Holdings, country’s premier blue chip company) was the most attracted share in today’s trading session. Foreigners were net sellers today by Rs 164m.n. They purchased shares to the value of Rs 113m.n. & sold Rs 277m.n. worth of shares. The Colombo Stock Exchange is up 18.6 percent so far this year, making it Asia's best performing market. For further details visit - http://srilankastockpicks.blogspot.com/ # # # Sri lanka stock picks site has been developed to give first hand information with regard to share trading opportunities available for investors who do not like go through lengthy research reports, calculations,etc but to have a clear idea about stocks that have future up side potential. Our stock recommendations are just not for traders but for the investors who wish to see their money growing daily in the long run.Our main objective is to provide information relating to trading under one roof. End
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