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Foreign buying in JKH, Expo boosts BourseForeign buying especially on John Keells Holdings (JKH) and Expolanka Holdings Plc boosted the Colombo stock market yesterday increasing the year to date net inflow to over Rs. 5 billion. On a day with a net inflow of Rs. 924 million, JKH saw Rs. 715 million in net foreign buying with 3.04 million shares done whilst EXPO which is subject to mandatory offer saw 4.6 million shares of net buying for Rs. 50 million. The latter overall saw 8.5 million shares traded for Rs. 91 million. Large blocks of EXPO were done at Rs. 10.70 each, same price as the mandatory offer by Japan’s Sagawa. JKH saw a crossing of 3 million shares at Rs. 235 each. CT holdings and Royal Ceramics also saw over Rs. 60 million each in foreign buying. |
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