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Despite early spike market declines

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The top traded counters for yesterday were John Keells Holdings LKR345.8mn (USD1,726.1k, -2.2%), Cargills Ceylon LKR124.1mn (USD619.4k, +2.0%), LOLC Holdings LKR64.9mn (USD323.8k, -0.7%), LOLC Finance LKR60.2mn (USD300.7k, +12.7%) and Dipped Products LKR57.6mn (USD287.7k, -1.5%). Foreigners were net sellers yesterday offloading LKR210.6mn (USD105.1k) worth shares. Foreign purchases stood at LKR24.6mn (USD12.3k) which were approximately witnessed in Dipped Products, Tokyo Cement, Singer Finance and Sunshine Holdings whilst total foreign sales amounted to LKR235.0mn (USD117.4k), assumed to be seen in John Keells Holdings, Cargills Ceylon, Union Bank and CW Mackie. Further, an off-board transaction was witnessed in main blue chips John Keells Holdings yesterday.

Additionally, Kotmale Holdings, Cargills (Ceylon), Bogala Graphite, Mahaweli Coconut Plantations and LVL Energy Fund touched their 52-week high prices whilst HNB Assurance, Vallibel Finance and SMB Leasing witnessed the 52-week low price points yesterday. Further, LOLC Finance, Commercial Leasing & Finance, Browns Investments, Browns Investments and Nawaloka Hospitals remained as the most actively traded stocks yesterday.

Source DailyNews
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