Wednesday, July 1, 2009

Colombo Stocks dipped but high demand for selected stocks.

CSE – Daily Report-01-07-2009.

Colombo ASI lost 13.42 points to close at 2418.73 while MPI lost 7.08 points to close at 2714.56. Turnover was Rs 304.2 million.

Lanka Cement was up by two rupees & over 1.5 million shares traded. Lanka Cement closed at Rs 25.00. Sierra Cables gained 10 cents (5.88%) on 5,095,900 shares & closed at Rs 1.80.
Distilleries added another one rupee to its value & closed at Rs 88.75. John Keells Holdings closed the day flat at Rs 136.75.

Most of the hotel sector stocks continue to fall after US Government travel warning issued to their Citizens despite peaceful environment currently prevailing in Sri Lanka. Eden Hotel lost 50 cents to close at Rs 21.00. Hotel Developers was down by three rupees to close at Rs 104.50. Aitken Spence Hotel Holdings lost 3.00 to close at Rs 142.00.

Announcements @ CSE

01-Jul-2009 DE-LISTING - ASSOCIATED ELECTRICAL CORPORATION PLC

Please note that the above Company has been de-listed from the official list of the Colombo Stock Exchange with effect July 01, 2009.

01-Jul-2009 DE-LISTING - COMMERCIAL LEASING COMPANY PLC

Please note that the above Company has been de-listed from the official list of the Colombo Stock Exchange with effect July 01, 2009.

01-Jul-2009 DISCLOSURE OF DEALINGS BY DIRECTORS .cont

DFCC BANK Date of Announcement - 01.07.2009The Company has informed the CSE the following details:Name of Director - Mr.A.N. Fonseka (Director/General Manager)Date of the Transaction - 30th June 2009 Nature of transaction - Sale of SharesNumber of Securities Sold - 60,000 at Rs. 135/- per shareCOCO LANKA PLCDate of Announcement - 30.06.2009The Company has informed the CSE the following details:Name of Director - Dr. S.R.RajiyahDate of the Transaction - 30th June 2009 Nature of transaction - Sale of SharesConsideration per share received - Rs.31/=Number of Securities Sold - 100,000

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