A large 11.4 million block of Janashakthi shares being bought by a single buyer was the highlight of Friday’s trading at the Colombo share market, brokers said. 

“Around 3% in JINS was sold to a foreign buyer today and the deal was done through Taprobane Securities,” an analyst said. The share was 25 cents up to Rs 7.50 at close. 

NTB was also traded heavily and was 25 cents up to Rs 31.25 at close. Analysts noted that share prices have adjusted equilibrium levels during the past few days and any price increases (to be constant) will need to be based on healthy corporate performances and strong economic outlook for the country. All Share gained 0.55% to 2,525.7 with Milanka seeing the same increase to 2,838.36 on Rs 469.3 million turnover at market close. For the week, All Share increased by 1.36% and Milanka was up 1.62%.