Back on green as turnover drops
Posted on the September 21st, 2012 under Market Reports by NDB Stockbrokers 
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Market rebounded during the second half of trading after being in red in the first half. Market turnover dropped further to record the lowest for September. Healthy mix of investors sought selected blue chips such as Dialog Axiata, John Keells Holdings and Ceylon Tobacco as well as mid cap counters such as Nations Trust Bank, Sampath Bank and Haycarb.
Banking, Finance and Insurance sector emerged as the highest contributor to the market turnover (due to Nation Lanka Finance) and the sector index gained 0.31%. The share price of Nation Lanka Finance dropped Rs 0.50 (3.40%) to close at Rs 14.20.
Diversified sector became the second highest contributor to the market turnover (due to John Keells Holdings) and the sector index surged by 0.93%. The share price of John Keells Holdings gained Rs 1.00 (0.46%) to close at Rs 219.00.
Dialog Axiata and Ceylon Tobacco Company were also among the top contributors for the day. The share price of Dialog Axiata gained Rs 0.30 (4.05%) to close at Rs 7.70 and the foreign holding of the company increased by 243,354 shares. Meanwhile the share price of Ceylon Tobacco Company fell Rs 9.00 (1.27%) to close at Rs 700.00.
