Fri05182012

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Back Local Local News Business Another day in red

Another day in red

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Colombo bourse ended in a negative sentiment as benchmark indices slipped into red zone. ASI dropped 66.30 points (-0.97%) to close at 6,861.73 while sensitive MPI closed at 6,219.03, a dip of 73.32 points (-1.17%) Market turnover stood at Rs.1.6bn.   HVA Foods Plc (Rs.167.0mn) was the top contributor to the market turnover followed by Asiri Hospitals Plc (Rs.141.7mn) and Colombo Land & Development Plc (Rs.80.9mn).   Samson International Plc turned out to be the top gainer of the day with heavy trading. Further, Asiri Hospitals Plc and Asiri Surgical Hospitals Plc demonstrated more investor participation during the day and closed among the top gainers. Accordingly Healthcare sector emerged as the most gained sector of day.   A single crossing of 241,000 shares was recorded from National Development Bank Plc at a price of Rs.135.00 per share. NDB closed at Rs.136.00.   Foreign participation was lower and it accounted for 5.8% of the total market activity. Foreign investors ended as net sellers with a net outflow of Rs.44.4mn.

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