Latest Breaking News On - ஹேலிஸ் துணி - Page 1 : comparemela.com

By Hiran H.Senewiratne The CSE was boosted yesterday by a sudden interest in Expolanka stocks. This resulted in the daily turnover level touching more than Rs. 6.billion. This was the highest turnover reported after three and a half months. Earlier, the highest turnover was reported at Rs. 7 billion on April 30 this year, stock market analysts said. Besides, the ASPI crossed the 8000 mark, up by 55.60 points. The index closed at 8,022.55. The major reason for the turnover level to increase along with the investor interest in Expolanka shares was because during the weekend it was speculated in the social media that the Expolanka share price is trading below the valued price. Therefore, Expolanka share prices appreciated by Rs. 8.50 or 16 percent. Its shares started trading at Rs. 54.50 and at the end of the day they moved up to Rs. 63. One of the major attributing factors for its share price to rebound is the market perception that its share value is trading under its normal value,

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