Wednesday the 27th May ASI ended 13.58 points higher at 2156.04 while MPI closed the day 14.69 points higher at 2458.97. Turnover was Rs 984.7 million.
Investors were busy with buying hotel & banking shares. Colombo Dockyard (My favorite Stock) gained Rs 11.50 to close at Rs 83.50. Sri Lanka’s largest privately held bank Commercial Bank of Ceylon Plc (COMB) was up by 4.25 to close at Rs 120.50.
Over 46 million Dialog Telekom shares traded today but ended unchanged at Rs 5.50.
JKH lost two rupees & ended the day at Rs 110.00.
Most of brokers are optimistic about this positive trend as no negative news from local front.
Announcements at CSE
27-May-2009 REINSTATEMENT OF REGISTRATION - JANASHAKTHI INSURANCE PLC
The Company has informed the following to the CSE, "In accordance with Colombo Stock Exchange regulations, of the need to inform the Colombo Stock Exchange of any matter of relevance that will impact share prices, I now wish to inform you that the Insurance Board of Sri Lanka has revoked the suspension imposed on Janashakthi Insurance PLC, with effect from 2.00 pm on 27th May 2009.
The suspension was imposed on 12th May 2009 for a period of 03 weeks until 02nd June 2009.
The company was requested to show cause on why the suspension should be lifted. The Insurance Board of Sri Lanka has accepted the Company's explanations and the suspension has been accordingly revoked".
27-May-2009 JANASHAKTHI INSURANCE - INSURANCE BOARD OF SRI LANKA (IBSL)
Insurance Board of Sri Lanka informed the following to the CSE, "Insurance Board of Sri Lanka has removed the suspension of registration imposed on Janashakthi Insurance PLC in respect of Long Term Insurance Business and General Insurance Business with effect from 2 p.m. today(27th May 2009)after Janashakthi Insurance PLC having shown sufficient cause to the IBSL".
Wednesday, May 27, 2009
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