Market Watch Daily: Foreign interest recover indices
Posted on the August 15th, 2012 under Market Reports by LOLC Securities 
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Indices gained amidst the refreshing buying session witnessed on the blue-chip counters today. Interest continued in JKH while the share price witnessed a rapid growth of 5.07% to close at LKR 190. The foreign stake of the company increased by 476,802 shares. COMB’s foreign stake also increased by 455,921 shares while the share price increased by 1.03% to close at LKR 98.50. The price appreciation of JKH contributed 20.69 points to the ASPI while biggest negative contributor SPEN only dragged down 1.81 points.
• Diversified sector contributed mostly to the market turnover (due to JKH) and the index gained 2.71%.
• Bank, Finance and Insurance sector also contributed to the market turnover (due to COMB) while the index gained 1.32%.
Jehan Pieris
Nothing to do with Foreign interest, It is actually local Interest through Offshore funds,
Jehan Pieris
Nothing to do with Foreign interest, It is actually local Interest through Offshore funds,
Jehan Pieris
Nothing to do with Foreign interest, It is actually local Interest through Offshore funds,