The high selling pressure on blue chips was witnessed in the market today, where All Share Price Index (ASPI) plummeted 30.03 points (1.47%) to end at 2013.10 while the liquid Milanka Price Index (MPI) lost 28.31 points (1.25%) to settle at 2231.09.
The turnover for the day hovered over Rs.142Mn. The only block deal for the day was on Ceylon Tobacco Company PLC (CTC) with 190,000 shares changing hands at Rs.65 to reach the day's largest turnover of Rs.53.52Mn. A total of 823,100 CTC shares traded in the counter during the day. Meanwhile Dialog Telekom PLC (DIAL) saw highest trading volume wise with 1.62Mn shares switching in the counter posting Rs.11.35Mn to day's turnover.
Valibel Power Erathna PLC (VPEL), Primal Glass Ceylon PLC (GLAS) and Seylan Merchant Bank PLC – non-voting (SEMB-X) were other top trades volume wise with 664,700 shares, 538,900 shares and 335,300 shares respectively. Top contributors for the day include John Keells Holdings PLC (JKH), Maskeliya Plantations PLC (MASK) and Hatton National Bank PLC – non-voting (HNB-X) with Rs.7.96Mn, Rs.4.05Mn and Rs.3.93Mn respectively. Price losers dominated price gainers by 144 to 12. Foreign trade was heavier on the selling side resulting in a net outflow of Rs.55.51Mn.