CSE – Trading report 24th June 2009.

ASI closed flat but Milanka index lost 17.39 points to close at 2716.29. Turnover was 616.2 million rupees.

Index heavy weight Sri Lanka John Keells Holdings lost one rupee to close at Rs 134.50.Telecom was down by 75 cents to close at Rs 49.00. Over 1.4 million Eden Hotel Lanka PLc traded today & closed 1.50 higher at Rs 20.50. Pegasus Hotel closed 4.50 higher at Rs 34.75
Development Finance corporation (DFCC) closed two rupees lower at Rs 135.00 while NDB lost three rupees to close at Rs 150.00.

Indices fluctuated frequently during the trading session creating day trading opportunity.

Announcement @ CSE

24-Jun-2009 CAPITAL REACH HOLDINGS LTD – ASIA CAPITAL PLC

The Company has informed the CSE that, “Asia Capital PLC (ACAP) purchased 7.5mn shares of Capital Reach Holdings Limited (CRHL) at a price of Rs. 10/- per share and increased its shareholding to 12.8mn shares. This represents approximately 47% of the shareholdings of CRHL. CRHL is the holding company of Capital Reach Leasing PLC (CRLP) which is listed on the Colombo Stock Exchange. Further ACAP propose to increase its shareholding in CRHL to not less than 60% by making an offer to the remaining shareholders of CRHL.”

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