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Sri Lanka Equity Forum » Stock Market Talk » LOFC -XR big transaction

LOFC -XR big transaction

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1LOFC -XR big transaction Empty LOFC -XR big transaction on Tue Jul 16, 2019 5:24 am

wisdom


Equity Analytic
Equity Analytic
Any one knows what’s going on with LOFC.
CSE shows 8.9bn worth transactions but trading volume not the equivalent to that.

2LOFC -XR big transaction Empty Re: LOFC -XR big transaction on Tue Jul 16, 2019 7:06 am

Cricketman


Senior Equity Analytic
Senior Equity Analytic
@wisdom wrote:Any one knows what’s going on with LOFC.
CSE shows 8.9bn worth transactions but trading volume not the equivalent to that.
It was a crossing. Not a general trade rather.

3LOFC -XR big transaction Empty Re: LOFC -XR big transaction on Tue Jul 16, 2019 8:32 am

wisdom


Equity Analytic
Equity Analytic
For me it appears there is a mismatch of trading volume and turnover. LOFC trading volume around 136m for yesterday but turnover of the shares is more than 8.9bn. That represents more than half of the market capitalisation of LOFC.

https://www.cse.lk/home/company-info/LOFC.N0000/trade-summery

4LOFC -XR big transaction Empty Re: LOFC -XR big transaction on Tue Jul 16, 2019 9:06 am

Teller

Teller
Moderator
Moderator
@sangeetha, observe sil today??


_________________
Teller said is said..

5LOFC -XR big transaction Empty Re: LOFC -XR big transaction on Tue Jul 16, 2019 10:03 am

Promoney


Manager - Equity Analytics
Manager - Equity Analytics
Teller, any idea how LOLC Singapore channelled the funds for the investment? LOLC holdings in Sri Lanka cannot send funds to Singapore right

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