Indices down heavily due price declines in highly capitalized stocks such as SLT& Distilleries.
All Share Index closed 17.17 points lower at 2321.16 & Milanka Price Index closed the day 23.65 points lower at 2633.18.

However over LKR 1 Billion turnover recorded.

1,892,900 Primal Glass & 1,284,500 Sierra Cable shares traded during the day.

Announcements

CLASSIFICATION OF RICHARD PIERIS EXPORTS PLC (REXP) UNDER MANUFACTURING SECTOR

Richard Pieris Exports PLC has been reclassified under Manufacturing Sector with effect from 16th September 2008.
LANKA MARINE SERVICES PRIVATE LIMITED (LMS) -JKH

LMS has handed over the land to the SLPA on 10th September 2008 and has taken all possible steps to remove stocks of oil and lubricants by 12th September 2008 in terms of the orders of Court.However, due to technical reasons the Company was unable to remove oil stocks to the value of approximately USD 184,000 (approximately Rupees Twenty Million), remaining on the land; and in terms of the Court direction the ownership of which will now accrue to the SLPA, approximately Rs. 20,000,000 (Rupees Twenty Million) loss, consolidated, will add to the financial impacts quantified and announced to date.Oil stocks to the value of USD 416,000 (approximately Rupees Forty Five Million) remain in the pipeline, located outside the premises.

SELINSING PLC – DIVIDEND

Company ID:- SELIDate of Announcement:- 16 .Sep. 2008.Rate of Dividend:- Rs.0.72 Per Share(taxable 10%)- First Interim DividendFinancial Year:- 2008/2009XD:- 19. Sep. 2008Payment:- 29. Sep. 2008Share Transfer Book Open

GOOD HOPE PLC – DIVIDEND

Company ID:- GOODDate of Announcement:- 16 .Sep. 2008.Rate of Dividend:- Rs.1.46 Per Share(taxable 10%)- First Interim DividendFinancial Year:- 2008/2009XD:- 19. Sep. 2008Payment:- 29. Sep. 2008Share Transfer Book Open

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