Rally continues at Colombo Stock Market!
20-01-2009
All share index gained 69.86 points to end at 1810.27 while more sensitive Milanka shot up by 89.33 points to close at 2008.85.
Turnover was Rupees 245.1 million.
There were 109 gainers & only 31 losers reflecting positive trend of the market.
Over five million shares of Seylan Bank nonvoting traded at price range of Rs 6.25 – 6.75 & closed at Rs 6.75. Dialog Telekom recorded 5o cents gain & closed at Rs 5.75.
John Keels Holdings was up by another one Rupee & closed at Rs 72.00 while Srilanka Telecom went up by Rs 2.00 & closed the day at Rs 36.50.
Local retail investors are actively buying shares with the hope of early end of the War on terror.
Announcements
CAPITAL REACH LEASING LIMITED (THE COMPANY) – OFFER FOR SALE
The ordinary shares of the above company would be listed on 22nd January 2009 and would be classified under the Banks, Finance and Insurance sector. These ordinary shares would be listed on the Second Board.The assigned security code is CRL – N – 0000. A total number of 20,064,617 ordinary shares of the company would be listed.Deposits would be accepted by the Central Depository System (Pvt) Ltd, (CDS) with immediate effect.
ARPICO FINANCE COMPANY PLC RIGHTS ISSUE – AMENDMENT
Company ID:- ARPIDate of Announcement:- 20.Jan.2009 Proportion:- 10 (Ten) for 7 (Seven) (10 New shares for every 7 shares held as at the date of allotment)Issue Price:- Rs. 25.00No of Shares to be issued:- 2,625,000Current Stated Capital:- Rs.30, 687,500Purpose:- To meet the Core Capital requirement
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