Colombo market continuously went up last week but trend reversed today due to selling pressure by investors to book the profit.

Colombo ASI declined 32.68 points to close at 1812.35 while Milanka index fell 40.93 points to close at 1930.34. Turnover was Rs 171.7 million.

Sri Lanka’s largest mobile operator Dialog Telekom lost 25 cents to close at Rs 5.25 while largest fixed line operator lost one rupee to close at Rs 38.00.
John Keells Holdings was up by 50 cents and closed at Rs 68.50. Colombo Dockyard Plc closed unchanged at Rs 68.00.

Announcements at Colombo Stock Exchange Today.

27-Apr-2009 CEYLINCO FINANCE PLC

The Company has informed CSE the following regarding the paper article appearing on the Sunday Observer.”The Company made a decision to divest certain selected Business/ Assets includes property in Colombo, Land and Buildings in suburban areas.The aforementioned decision was made mainly to improve the liquidity position of the Company”.

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