Nimal returns to buying mode

Tuesday, 26 July 2011 00:00 - - {{hitsCtrl.values.hits}}

High networth investor Nimal Perera has activated a buying spree collecting available quantities of select stocks.

Brokers said that Nimal was on the buying side of his own firm Vallibel One, Softlogic, Reef, Ahungalle and others. When contacted Nimal confirmed that he has been collecting available quantities of select stocks on the belief that “time to buy is now.”

“I feel several stocks are now attractively priced for buying and I have invested around Rs. 200 million during the past two market days,” Nimal added.

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