Sri Lanka, Sept. 16 -- The Colombo bourse yesterday saw little over Rs.970 million net foreign outflows with net foreign sales at John Keells Holdings PLC amounting to Rs.809.5 million, the stock market data showed.
The market witnessed 6.1 million JKH shares changing hands in six crossings between Rs.135 and Rs.137 per share. The bulk of the shares is believed to have been bought by Don & Don Holdings (Pvt) Ltd and Sisil Investments Ltd., two companies linked to LOLC controlling shareholders.
Last Thursday, little over 13 million JKH shares, which amounted to 1 percent of the issued shares of JKH, were traded. Unconfirmed reports said bulk of the shares was bought by Sisil Investments and Don & Don Holdings.
Brokers also said net foreig...