With the help of retail investors Colombo ASI gained 12.08 points to close at 1838.45 while more sensitive Milanka index ended 11.81 points higher at 1963.09.

Turnover was rupees 80.8 million. Country’s largest fixed line operator Sri Lanka Telecom closed 50 cents higher at Rs 39.00. Sampath Bank was up by 1.75 to close at Rs 75.75.

Foreign participation was very low with Rs 11.4 million purchases & 13 million sales.
Market will fluctuate within narrow range for few more days unless institutional investors & foreign investors start buying in big way.

Today’s Announcements at Colombo Stock Exchange.

30-Apr-2009 Default Board Transfer out

The following companies have been transferred out from Default Board for submission of Financial Statements for the quarter ended 31-DEC-2008Ceylon Grain Elevators PLCThree Acre Farms PLC

30-Apr-2009 DIVIDEND ANNOUNCEMENTS

CEYLINCO INSURANCE PLCCompany ID: – CINSDate of Announcement: – 03. Apr .2009Rate of Dividend: – Rs.2.00 per share – Final Dividend (Voting & Non Voting)Financial Year:- 2008AGM:- 28.May.2009 XD:- 29.May.2009 Payment:- 08.June.2009 Share Transfer Book OpenNESTLE LANKA PLCCompany ID:- NESTDate of Announcement:- 29.Apr.2009Rate of Dividend:- Rs.10 per share Final Dividend. Financial Year: – 2008AGM: – 12.June.2009 XD: – 15.June.2009 Payment: – 23.June.2009 Share Transfer Book Open

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