CSE turnover hits Rs. 4.5 bm

By Hiran H.Senewiratne

The CSE edged- up in mid- day trade yesterday and ended on a positive note due to the prevalence of conducive economic conditions for the stock market, analysts said.

Amid those developments both indices moved upwards. The All- Share Price Index was up 131.2 points and the most liquid S&P SL20 was up by 4.5 points. Turnover stood at Rs 4.5 billion with seven crossings. Those crossings were reported in Dialog, which crossed 20.8 million shares to the tune of Rs 220 million and its shares traded at Rs 10.60, Dankotuwa Porcelain five million shares crossed for Rs 130.8 million its, shares traded at Rs 26.30, HNB 500,000 shares crossed for Rs 90 million, its shares traded at Rs 180,Commercial Bank 991,000 shares crossed for Rs 85.9 million; its shares traded at Rs 86.70, DFCC one million shares crossed for Rs 70 million; its shares fetched Rs 70, Sampath Bank 950,000 shares crossed to the tune of Rs 64.1 million, its shares sold at Rs 68 and TJLanka 689,000 shares crossed to the tune of Rs 23.4 million and its shares traded at Rs 34.

In the retail market top seven companies that mainly contributed to the turnover were; First Capital Treasures Rs 307 million (8.2 million shares traded), Sampath Bank Rs 258 million (3.7 million shares traded), DFCC Rs 248 million (3.5 million shares traded), Capital Alliance Rs 220 million (4.1 million shares traded), First Capital Holdings Rs 144 million (3.3 million shares traded), Lanka IOC Rs 134 million (941,000 shares traded) and Pan Asia Bank Rs 131 million (8.1 million shares traded). During the day 182.5 million share volumes changed hands in 36000 transactions.

Yesterday the Central Bank’s US dollar buying rate was Rs 315.26 and selling rate Rs 328.92.