Investors took profits as the indices at the CSE closed down but investors continued to put their money into shares that have short and medium term potential. The ASPI lost 8 points (-0.4%) to close at 2,193 while the MPI lost 5 points (-0.2%) to close at 2,460. Turnover for the day was Rs 293 million.. Foreign purchases amounted to Rs 21 million while foreign sales came to Rs 53 million. 55 shares were up for the day while 56 were down.
John Keells Holdings saw turnover of Rs 35 million while the share held steady at Rs 112.00 while interest in CW Mackie saw business of Rs 27 million with the share closing at Rs 26.00 up Rs 1.25 from yesterday’s closing. CIC voting shares saw turnover of Rs 17 million with the share finally closing down a rupee at Rs 48.00. JKH subsidiary Asian Hotels & Properties gained 50 cents to close at Rs 41.00 on turnover of Rs 14 million. Kelani Tyres which saw considerable appreciation in the past few days lost steam to close down at Rs 45.25, down Rs 1.50. The share saw an intraday high of Rs 49.00.
Interest also was also seen in Aitken Spence, which gained Rs 40.00 to close at Rs 599.00 having seen a day high of Rs 600.00.
Major Asian markets were mixed with the Bombay Sensex and the Singapore Straits Times Index gaining 3% and 1% respectively while Japan’s Nikkei and Hong Kong’s Hang Seng both losing 1%
