The Colombo Bourse today continued to play on a rollercoaster movement throughout the session reverting ASPI back to negative posture
“The index spiked in the first few minutes and then exhibited a stepped upward movement during mid-day and gradually declined towards the latter part of the session to close at 7,217 losing 23 points,” FIrst Capital Research said in its market report.
The Banking sector led the turnover for the day with an exclusive contribution of 41%.
Foreign investors remained net sellers with a sizable outflow while recording moderate participation. The foreign net selling hit a record Rs. 776 million today, compared to Rs 60.81 million yesterday.
Foriegners sold Rs.764 million worth of HNB shares today. There was one crossing trading 205,137 million HNB shares at Rs 130 per share.
However, foreign buying interest continued for recently debuted WindForce shares with foreigners purchasing Rs.31 million worth of shares.