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Message: <blockquote data-quote="sherlock" data-source="post: 10860825" data-attributes="member: 106046">Daily Market Focus 2011.08.24The All Share Price Index dipped 49.0 points to close at 6,812.7 (-0.7%), whilst the more liquid  Milanka Price Index also dipped 25.7 points to close at 6,193.3 (-0.4%).·         The total turnover was LKR1,122.2 mn (USD10,211.1k)  vs. 12-month average daily turnover   of LKR2,574.2 mn (USD23,423.1) whilst the volume traded for the day was 47,791.0k against the 12-month average daily volume of 107,692.7k.·         Top traded counters were Colombo Land & Development LKR99.9 mn (USD909.0k, +1.2%), Brown & Company LKR77.6mn (USD706.1k, +0.4%), National Development Bank LKR69.8 mn (USD635.1k, +0.7%), John Keells Holdings LKR44.4 mn (USD404.0k, +0.4%) and Seylan Bank LKR38.3 mn (USD348.5k, -1.5%).·         Colombo bourse closed in red with both indices shedding ground during the day. The top traded counter of the day, Colombo Land & Development contributed for circa 8% to the daily turnover backed by retail investor interest. Institutional investors were seen active on Brown & Company and Seylan Bank whilst allround investor interest was evident on National Development Bank. Further the heavy weight John Keells Holdings witnessed the participation of institutional and high net worth investors·         Net outflow of foreign funds were seen during the day, where foreign purchases amounted to LKR83.4mn (USD758.9k), whilst foreign sales amounted to LKR138.8 mn (USD1,263.0k).</blockquote>

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