Colombo Stock Market ended the week on positive note.
Indices gained marginally. ASI was up by 2.69 points to close at 1896.01 while MPI closed the day 14.58 points higher at 2061.35.
Colombo Stock Exchange will be closed tomorrow for religious holiday (Vesak Poya Day).
Turnover was also healthy at Rs 330.3 million. John Keells Holdings contributed Rs 77 million by trading 990,300 shares & closed one rupee higher at Rs 78.00.
Over half a million shares of National Development Bank shares traded but ended the day one rupee lower at Rs 93.00.
Sri Lanka Telecom was down by 50 cents to close at Rs 39.25.
Announcements.
07-May-2009 DIVIDEND ANNOUNCEMENTS
DFCC BANK PLCCompany ID:- DFCC Date of Announcement:- 07.May.2009Rate of Dividend:- Rs.5.00 per share – First & Final Dividend Financial Year:- 2008/2009AGM:- 30.June.2009 XD:- 01.July.2009 Payment:- 10.July.2009 Share Transfer Book Open
07-May-2009 NATIONS TRUST BANK PLC (“THE BANK”) – LISTING OF RATED, UNSECURED, REDEEMABLE DEBENTURES BY WAY OF AN INTRODUCTION
An application by the above Bank to list its debentures by way of an introduction has been approved in principle by the Colombo Stock Exchange. These debentures of Rs.1000/= each would be listed on the Debt Securities – Main Board. There will be no Public Issue of debentures.Five copies of the Introductory Document will be made available to all member firms/ Trading Members shortly. The debentures will be granted the listing on or before the 3rd market day upon the receipt of the Declaration from the Bank, by the Exchange. These details will be forwarded in due course.
07-May-2009 Revised CSE Listing Rule
The Securities & Exchange Commission of Sri Lanka (“SEC”), acting under and in terms of Section 13 (c) of the Securities & Exchange Commission of Sri Lanka Act No. 36 of 1987 as amended by Act Nos. 26 of 1991 and 18 of 2003 (“SEC Act”), at its 245th meeting held on April 30, 2009 has issued the following directive set out below to the CSE. Amendments to the CSE Listing Rules – Capital Requirement for eligibility to be listed on the Diri Savi BoardThe CSE is hereby directed to amend the Listing Rule which provides for the stated capital requirement representing shares for which a listing is sought on the Diri Savi Board, from a value of not less than Rupees Fifty Million (Rs. 50,000,000.00) to a value of not less than Rupees Thirty Five Million (Rs. 35,000,000.00).The Directive will be operative with effect from May 15, 2009.
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