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Sun, 19 May 2013 16:20:52
Sri Lanka stocks down 0.80 percent
28 Jun, 2012 15:21:09
June 28, 2012 (LBO) – Sri Lankan stocks slipped 0.80 percent on Thursday, though big ticket deals in Eden Hotel Lanka, John Keells Holdings PLC and PC House Holdings PLC helped swell turnover, brokers said.
Colombo’s All Share Price Index dipped 39.78 points to 4,955.91, the liquid Milanka Price Index shed 48.15 points or 1.09 percent to 4,385.81 and the S&P Sri Lanka 20 indice dipped 0.89 percent or 25.36 points to end at 2,819.87, according to Colombo Stock Exchange figures.

Thursday’s turnover was 797.24 million rupees, largely driven by 386.37 million rupees worth of transactions in Eden Hotel Lanka, figures showed. Brokers speculated that the LOLC Group may have transferred some of their Eden shares within the group.

A block of 12,877,306 Eden Hotel shares was sold a t 30.00 rupees each, brokers said. But the counter closed flat at 29.50 rupees on volumes of 12.88 million shares.

Market heavyweight John Keells Holdings, slipped 4.00 rupees to 186.00 rupees on trades of 873,554 shares. A parcel of 280,000 JKH shares sold at 185.00 rupees during the day, while another block of 400,000 JKH sold at 185.00 rupees.

PCH Holdings, a computer peripheral company, saw a block 2.0 million shares trade at 15.00 rupees. The counter closed up 4.70 rupees to 14.00 rupees on volumes of 5.15 million shares.

Dialog Axiata PLC, the country’s largest mobile phone operator, slipped 10 cents to 6.10 rupees on trades of 5.04 million shares. A block of 5.0 million Dialog shares traded at 6.20 rupees.

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READER COMMENT(S)
2. loss Jul 01
Read any company Board of Directors and you will see that everyone of them is a board member of another ten more companies. This is pure insider trading allowed by CSE.

I don't participate anymore in this casino where the house always wins.

1. Gordon Gekko Jun 29
May be at last the small investors have realised that the CSE is for big casino sharks and their cliques