Money & Currencies

Stock Market Daily Turnover Exceeds Rs. 11 Bn

Abishek
Feb 08 2024
307

The daily turnover of the Colombo Stock Exchange exceeded Rs. 11 billion this morning (07).Within the first minute of trading, a significant share transaction occurred in John Keells Holdings plc, resulting in a recorded turnover of Rs. 11.28 billion.Citigroup Global Markets Limited Agency Trading Prop Securities A/C, the 7th largest shareholder of John Keells Holdings plc, sold 61,904,939 shares, amounting to 4.5% of the company's issued capital.Market sources allege that this transaction constitutes internal party transaction by Citigroup Global Markets Limited Agency Trading Prop Securities A/C.Furthermore, it is reported that this transaction involved two foreign parties.

(Source : Ada Derana)