Colombo indices open on marinal gains
Colombo indices were marginally up Monday morning pushed by Dialog shares but stock analysts said the indices are likely to fall later in the day due to selling pressure.
“The 46,000 shares traded in Dialog helped the All Share Index up by eight points in the morning but if some blue chips move up there might be some selling coming in towards the latter part of the day,” Vajira Premawardhana, Executive Director Lanka Orix Securities said. Dialog traded at Rs 6.75 and stayed flat.
During early trades the ASI was up by 6.34 points to 1,790.25 and Milanka was up by 13.81 to 2,003.01.The turnover was at Rs 43.3 million in early trades..