Under flack but ERI rises

Friday, 2 September 2011 00:00 -     - {{hitsCtrl.values.hits}}

Under flack by UNP over how capital markets regulator SEC has been lenient in is action, securities of Environmental Resources Investments (ERI) rose yesterday due to active trading.

The main security ERI peaked to a high of Rs. 74.20, before closing at Rs. 70.40, up by Rs. 2.80 with near 680,000 shares traded.  ERI warrants 12, 14 and 15 gained between Rs. 1.60 and Rs. 1.90 as well.