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SWAN Daily update - 19.01.2021 - Property stocks on the rise
Notable points:
On the banking counter, MCBG down by 0.21% closing at Rs 237.50 on 3.8k shares traded mostly traded among locals. Alternatively, low volume of 500 shares on SBMH closing at Rs 3.56 – a 1.71% rise.
On the insurance side, MUA sunk by 2.16% closing at Rs 90.75 on 55k shares traded, out of which 5k shares were foreign purchases.
On the leisure front, Lottotech up by 0.24% closing at Rs 8.52 on 15k shares traded.
On the hotel counter, NMH cratered by 2.96% closing at Rs 5.24 on 19.9k shares traded.
On the sugar side, Alteo down by 0.47% closing at Rs 21.15 on 11.7k shares traded, out of which 9.6k shares were foreign sales.
On the property side, Bluelife climbed by 1.85% closing at Rs 1.10 on 49.9k shares traded. Similarly, United Docks soared by 3.77% closing at Rs 55.00 (VWAP Rs 54.82) on 1.4k shares traded.
Caudan tumbled by 2.15% closing at Rs 0.91 on 36k shares traded.
On the construction front, Gamma inched up by 0.16% closing at Rs 32.15 on 112.9k shares traded.
On the DEM: Bee Equity elevated by 1.84% closing at Rs 24.95 on 7.5k shares traded locally.
On the commodities side: Gold up by 0.73% to USD 1843.30 by 11.07 AM GMT as China-Europe shipping costs triples.